Source of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Alameda Research, the sister company of FTX, bribed a Chinese government official and even used the identities of Thai prostitutes to unlock $1 billion of frozen funds on other digital currency exchanges, according to the testimony of Caroline Ellison, the ex-girlfriend of disgraced FTX CEO Sam Bankman-Fried.
Caroline Ellison, former chief executive officer of Alameda Research LLC, exits court in New York, US, on Tuesday, Oct. 10, 2023. Photographer: Yuki Iwamura/BloombergEllison first described that they tried a lawyer but were unsuccessful. Then, they tried to use the identification of Thai prostitutes to create accounts on those exchanges to get the funds released. At that point, Bankman-Fried, who was initially against using cash payments, agreed to bribe the unknown Chinese official.
To mask the bribe on official documents, Ellison listed the payment on a line item on “State of Alameda” documents as under “notable/idiosyncratic pnl stuff,” and “150m from the thing?”
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Star witness Caroline Ellison starts testimony at FTX founder Sam Bankman-Fried's trialThe trial of FTX founder Sam Bankman-Fried has taken a star turn as his former fellow top executive and ex-girlfriend Caroline Ellison began testifying against him. Ellison's highly anticipated turn on the witness stand in Manhattan federal court on Tuesday took place just before the trial broke for lunch, with Ellison blaming Bankman-Fried for crimes she admitted to last December in a cooperation deal. At one point, she was asked to identify Bankman-Fried in the courtroom. She stood up, scannin
Lire la suite »
Star witness Caroline Ellison starts testimony at FTX founder Sam Bankman-Fried's trialThe trial of FTX founder Sam Bankman-Fried has taken a star turn as his former fellow top executive and ex-girlfriend Caroline Ellison began testifying against him.
Lire la suite »
Star witness Caroline Ellison starts testimony at FTX founder Sam Bankman-Fried's trialThe trial of FTX founder Sam Bankman-Fried has taken a star turn as his former fellow top executive and ex-girlfriend Caroline Ellison began testifying against him.
Lire la suite »
Star witness Caroline Ellison says FTX founder Sam Bankman-Fried hoped to be U.S. president somedayCaroline Ellison, the tech executive who ran Sam Bankman-Fried 's hedge fund while sometimes dating him, testified Tuesday that he directed her to commit crimes before his cryptocurrency empire collapsed last November. She also revealed that her former boss thought he might be U.S. president someday.
Lire la suite »
Star witness Caroline Ellison says FTX founder Sam Bankman-Fried hoped to be US president somedayFTX founder Sam Bankman-Fried could face decades in prison if he is convicted of charges lodged against him.
Lire la suite »
Star Witness: Sam Bankman-Fried’s Plan to Unlock Frozen Chinese FTX FundsSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Lire la suite »