Damning Testimony and Evidence Mount Against FTX's Sam Bankman-Fried in Fraud Trial
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Fallen crypto mogul Sam Bankman-Fried faces potentially damning evidence in his fraud trial, including testimony from his ex-girlfriend and former Alameda CEO Caroline Ellison.
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Ellison testified Bankman-Fried directed the use of FTX customer funds to cover Alameda's losses, and prepared fraudulent financial documents.
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Secret audio evidence captured Ellison admitting wrongdoing and implicating Bankman-Fried before any arrests were made.
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Ellison testified about an alleged $100 million bribe to Chinese officials using customer funds.
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Prosecution may finish presenting evidence sooner than expected, raising questions around whether Bankman-Fried will testify in his defense.
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