Former CEO of Alameda Research, Caroline Ellison, testified in court that FTX founder Sam Bankman-Fried instructed her to commit a crime and that SBF misused FTX user funds. She sent balance sheets according to SBF's instructions, which made Alameda's balance less risky for investors. She also proved that Alameda obtained funds from FTX for its own investments.
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Former Alameda Research CEO says SBF instigated her to commit crimes and SBF abused client funds
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