FTX: Caroline Ellison says Sam Bankman-Fried ordered her to co-mingle client funds from 2019
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The testimony of Alameda’s ex-CEO details that she was fully aware from 2019 to 2022 that Alameda Research had access to a special borrowing facility that allowed the company to maintain an unlimited line of credit with zero collateral. The “loan facility,” according to Ellison, was FTX’s customer funds. Caroline Ellison details FTX’s misconduct with […]