Former Alameda Research CEO Caroline Ellison said she and FTX co-founder Sam Bankman-Fried knowingly misled lenders about how much the trading firm was borrowing from the cryptocurrency exchange. Ellison gave her first public account of her actions in a Dec. 19 plea hearing in Manhattan federal court. Ava Benny-Morrison reports on "Bloomberg Markets: The Close."
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on...
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbus...
Instagram: https://www.instagram.com/quicktake/?...
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on...
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbus...
Instagram: https://www.instagram.com/quicktake/?...
-
- 1
Francisco Gimeno - BC Analyst It seems Caroline Ellison is cooperating with the US law to put all the responsibility on the alleged charges against SBF and in this way to get a better deal as she has pleaded guilty to some charges together with another associate. This will be a complicated case, and it may be the start of the pulling of a thread which leads to many other people in different places and positions. Where did all the money go? It seems Caroline Ellison is cooperating with the US law to put all the responsibility on the alleged charges against SBF and in this way to get a better deal as she has pleaded guilty to some charges together with another associate. This will be a complicated case, and it may be the start o (…more)