Caroline Ellison is driving that story home at the trial of her ex-boyfriend and former boss, facing the possibility of her own 110-year prison sentence after pleading guilty to seven counts of fraud and conspiracy.
Share on email Wednesday, Ellison choked up while reading old messages between herself and Bankman Fried, the man many know simply as SBF.Ellison, now 28, said she felt like "an unequal partner" in her personal relationship with Bankman Fried, and Ellison's account of the collapse of the FTX crypto exchange and sister hedge fund Alameda Research shows how that inequity extended to their professional lives.
One entity used the other until there was nothing left. And that power dynamic plays out between her and Bankman Fried as well, according to Ellison.A month before Ellison became co-CEO of Alameda in October 2021, she was SBF's girlfriend again. But it wouldn't be long before they broke up — again — and at his behest, she would lie, cheat and steal as a company officer, according to her side of the story.
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