Key Witness in Bankman-Fried Case May Testify Tomorrow

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A key witness in the trial against FTX co founder, Sam Beman Fried is expected to take the stand as soon as tomorrow. Prosecutors say Caroline Ellison who is the former CEO of hedge fund Alameda. Research knows the truth about how Beman Fried stole billions from investors and customers by moving funds from FCX to the hedge fund. Last week. A co founder of FTX testified that Bank Man Fried asked two FTX executives to make changes to the exchange's website that would allow the hedge fund to withdraw unlimited funds. Bank Manfried has pleaded not guilty to seven federal charges including securities fraud, wire fraud and money laundering.