Top FTX Executive Says Sam Bankman-Fried Used Customer Money for ‘Excess’ Spending Nishad Singh, testifying at Mr. Bankman-Fried’s fraud trial, said FTX customer deposits were used to buy luxury real estate and to pay athletes like Tom Brady and Steph Curry for endorsement deals.
Caroline Ellison, Star Witness in Sam Bankman-Fried Trial, Says He Made ‘Terrible Mistakes’ Mr. Bankman-Fried’s lawyers sought to poke holes in Ms. Ellison’s testimony, but her account remained largely consistent.
Sam Bankman-Fried’s Closest Friends Become His Foes in Courtroom Clash The FTX founder’s criminal trial has made clear just how much his inner circle has turned against him.
Caroline Ellison Says She and Sam Bankman-Fried Were ‘Dishonest’ In her second day testifying at the FTX founder’s trial, Ms. Ellison said she misled lenders at Mr. Bankman-Fried’s request.
Caroline Ellison, Adviser to Sam Bankman-Fried, Says He ‘Directed’ Her to Commit Crimes Ms. Ellison, who also dated Mr. Bankman-Fried, is the government’s star witness in the criminal fraud trial of the founder of the FTX crypto exchange.