FTX Co-Founder Caroline Ellison Testifies Sam Bankman-Fried Ordered Her to Steal Customer Funds

Caroline Ellison said Sam Bankman-Fried directed her to steal FTX customer funds to repay Alameda debts.

Ellison testified Bankman-Fried set up system to let her move $10 billion from FTX to Alameda.

Ellison said Bankman-Fried told her to mislead lenders about Alameda's losses.

Ellison and Wang both cooperating with prosecutors in exchange for reduced sentences.

Bankman-Fried accused of leaking Ellison's diary to media, jailed for witness tampering.