Former Alameda Research CEO Caroline Ellison testified during the Sam Bankman-Fried trial that the crypto trading firm paid Chinese officials to unlock their Alameda trading accounts on OKX and Huobi in China. However, Bankman-Fried is not charged with bribery of Chinese officials in this case, and the evidence was presented for limited purposes of displaying trust and confidence as well as motive between Bankman-Fried and Ellison. Ellison testified that Bankman-Fried and Trabucco told her via a Signal chat to make the payments, and the accounts were reopened after she made about $100 million to $150 million in payments of "crypto transfers" to accounts. During the trial, it was revealed that Alameda employees tried various strategies to open the accounts, including getting Thai prostitutes to open accounts on the exchanges, but these efforts were unsuccessful.

Sam Bankman-Fried's defense team has filed motions to question Caroline Ellison about her reliance on legal counsel while CEO of Alameda Research and the valuation of FTX's stake in Anthropic AI. Ellison is the star witness in the criminal fraud case against Bankman-Fried, and the defense wants to address the "advice-of-counsel" argument.

Caroline Ellison, former CEO of Alameda Research, testified in court that SBF's ambition is to become the President of the United States. He is "very interested" in politics and talked about wanting to use his own money to exert political influence.

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.

The trial of the SBF fraud case is underway, and Caroline Ellison, the former lover of the CEO of Alameda Research and SBF, will testify in court today. The testimony may provide the most in-depth and potentially destructive disclosure of FTX and Alameda financial transactions. Due to Ellison's close relationship with SBF and her position at Alameda, she has even become the focus of the trial before her scheduled testimony.

Caroline Ellison, the former girlfriend and business partner of Sam Bankman-Fried, is set to testify in his fraud trial this week. Her testimony is expected to reveal details about the inner workings of the defunct crypto exchange FTX and its sister trading firm Alameda Research, where she was the CEO. Prosecutors believe that Ellison and other members of Bankman-Fried's "inner caucus" are aware of the truth behind the alleged fraud. Bankman-Fried has pleaded not guilty to the charges against him, while Ellison and another FTX executive have pleaded guilty.

Caroline Ellison, former CEO of hedge fund Alameda Research, is likely to be the next witness to testify in the SBF trial, replacing former FTX executive Gary Wang.After the trial ended on Friday morning, the US Department of Justice said that Wang's testimony would end on Tuesday, and prosecutors expect Ellison to be the next witness. Like Wang, Ellison also admitted to multiple fraud charges in December last year.The court will not be in session on Monday due to Columbus Day, and will resume on Tuesday at 9:30am Eastern Time.

August 29th, according to Reuters, FTX founder SBF appealed the decision to be sentenced to jail for alleged witness tampering. In a document submitted to the US Federal Second Circuit Court of Appeals late last Friday night, SBF's lawyer stated that SBF was only exercising his First Amendment rights by sharing his former colleague and lover Caroline Ellison's work with New York Times reporters, in order to defend his reputation rather than to intimidate. Prosecutors argued that SBF published these works to harass Ellison and prevent others from testifying.

Prosecutors plan to use former Alameda Research CEO Caroline Ellison's personal notes and diaries as evidence in the criminal trial against FTX co-founder SBF. In a filing on August 14th, prosecutors said they will submit a series of Ellison's personal to-do lists and notes, including a list titled "Things That Drive SBF Crazy."

Lawyers for former FTX CEO Sam Bankman-Fried have requested that documents related to his interviews with a New York Times reporter about his relationship with Caroline Ellison be sealed by the court. The legal team cited the need to avoid public dissemination of the documents. Prosecutors have requested that Bankman-Fried's bail be revoked, claiming he used his freedom to intimidate Ellison, who is expected to testify against him. The judge will hear arguments from both sides regarding bail conditions on July 28 and August 3.