SBF Fraud Charges Backed by Ellison Testimony and 'Allow Negative' Code Despite Credibility Questions over Witness Perks
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Caroline Ellison's testimony implicated SBF in fraud, though her credibility was questioned when it was revealed she took out a loan to buy a $3.7M house after learning of misused funds.
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The "allow_negative" code allowed Alameda's balances to be negative, letting them borrow billions from FTX customer funds.
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Unpublished tweets showed SBF had planned to shut down Alameda over "FUD," contradicting his defense.
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Nishad Singh gave an emotional testimony about feeling betrayed, but his credibility suffered when his FTX loan for a house was revealed.
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Forensic accountant Peter Easton laid out where the missing $9B in customer funds went, including businesses, real estate, and donations.