Bankman-Fried Had me Falsify Financial Statements

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Witness in Bankman-Fried Trial Says FTX Founder Told Her to Falsify Financial Statements

Caroline Ellison. She is the former CEO of hedge fund Alameda Research took the stand again today in the trial against FTX co founder, Sam Sam Beman Fried. She testified today that Beman Fried directed her to falsify the fund's financial statements and send them to a lender to conceal the fact that Alameda took $10 billion worth of FTX customer funds. She also testified, Beman Fried considered raising money from Saudi Crown Prince, Mohammed Bin Salman to repay FTX customers.