Cross-Examination of Key Bankman-Fried Trial Witness Today

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Caroline Ellison, the former CEO of hedge Fund Alameda. Research is facing cross examination today in the trial against FTX co founder, Sam Bank Fried. Ellison is cooperating with federal prosecutors as part of a guilty plea and could face questions about why she chose to do so. Ellison has been on the witness stand since Tuesday. She testified that Alan took $10 billion worth of FTX customer funds. Adding that Beman Fried directed her to falsify the hedge fund's financial statements and to commit the crimes that led to the collapse of the Cryptocurrency platform. Sam Beman Fried has pleaded not guilty to seven federal charges including securities fraud, wire fraud and money laundering.