Sam Bankman-Fried used his behavior during Caroline Ellison's testimony to bully his former girlfriend, according to prosecutors.
Prosecutors Thursday accused FTX founder Sam Bankman-Fried of bullying his former girlfriend Caroline Ellison during her testimony in the fraud case against him and his failed cryptocurrency exchange.The prosecution told U.S. District Judge Lewis Kaplan in a sidebar Thursday that Bankman-Fried, 31, who is on trial in Manhattan district court for fraud, laughed, shook his head, and scoffed during Ellison's testimony.
Ellison has testified that the scheme to siphon customers' funds came crashing down when FTX couldn't keep up with the withdrawals.During her testimony, Ellison asserted that taking customers' money to cover risky investments made by Alameda was Bankman-Fried's idea. She testified that Bankman-Fried's 'utilitarian' stance convinced her to do things like lie to lenders or send out falsified balance sheets.
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