Fast-forwarding to November 2022, Cohen raises intrigue by asking about the presence of someone with Ellison when the FBI searched her parents’ home. She cryptically mentions a new boyfriend, who had connections to both FTX and Alameda, withholding the name.
Ellison Stand In SBF Trial : High-Stakes Drama Unfolds
As the sun rises over 500 Pearl Street, Caroline Ellison remains under the spotlight in the multi-billion-dollar fraud trial of FTX’s enigmatic founder, Sam Bankman-Fried. The 28-year-old former CEO of Alameda Research spent over ten hours in direct examination, unveiling a complex web of accusations and confessions. She detailed her role in channeling customer deposits into the FTX-linked hedge fund, with allegations of risky investments, political donations, and lender repayments.
Now, the anticipation is palpable as Bankman-Fried’s attorney, Mark Cohen, embarks on what promises to be a protracted cross-examination of Ellison. All eyes are on whether Cohen will delve into the on-again, off-again romantic relationship between Ellison and Bankman-Fried. Furthermore, there is the looming possibility of the defense introducing personal letters leaked by Bankman-Fried to the New York Times, a move that led to witness tampering accusations and the revocation of Bankman-Fried’s $250 million bail package.
