Sam Bankman-Fried's lawyer struggles in cross-examination of Caroline Ellison, govt's key witness

Sam Bankman-Fried's lawyer struggles in cross-examination of Caroline Ellison, govt's key witness

11 months ago
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https://apnews.com/article/sam-bankmanfried-ftx-caroline-ellison-crypto-bitcoin-7d3ce0397ff02ed52f6b4425f781a625

NEW YORK (AP) — Sam Bankman-Fried's lawyer struggled through a meandering cross-examination of the FTX founder's former girlfriend Thursday, keeping both the judge and the public guessing as to the defense team's strategy in countering the testimony of the government's key witness.

Caroline Ellison had testified over the two previous days that Bankman-Fried directed her at several times over the years to pull money from FTX customer accounts to fund investments and trading strategies at Bankman-Fried’s cryptocurrency hedge fund, Alameda Research. Ellison was the CEO of Alameda when it and FTX collapsed in November of last year.

Sam Bankman-Fried's lawyer struggles in cross-examination of Caroline Ellison, govt's key witness

Thu Oct 12, 6:37pm UTC
https://apnews.com/article/sam-bankmanfried-ftx-caroline-ellison-crypto-bitcoin-7d3ce0397ff02ed52f6b4425f781a625 > NEW YORK (AP) — Sam Bankman-Fried's lawyer struggled through a meandering cross-examination of the FTX founder's former girlfriend Thursday, keeping both the judge and the public guessing as to the defense team's strategy in countering the testimony of the government's key witness. > Caroline Ellison had testified over the two previous days that Bankman-Fried directed her at several times over the years to pull money from FTX customer accounts to fund investments and trading strategies at Bankman-Fried’s cryptocurrency hedge fund, Alameda Research. Ellison was the CEO of Alameda when it and FTX collapsed in November of last year.