Damning Testimony and Evidence Mount Against FTX's Sam Bankman-Fried in Fraud Trial

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.

Ellison testified Bankman-Fried directed the use of FTX customer funds to cover Alameda's losses, and prepared fraudulent financial documents.

Secret audio evidence captured Ellison admitting wrongdoing and implicating Bankman-Fried before any arrests were made.

Ellison testified about an alleged $100 million bribe to Chinese officials using customer funds.

Prosecution may finish presenting evidence sooner than expected, raising questions around whether Bankman-Fried will testify in his defense.