They all Knew! Caroline Ellison confessed of deceiving FTX customers and investors
Автор: One Bright Stand
Загружено: 2022-12-23
Просмотров: 2249
Описание:
Sam Bankman Fried's on-off girlfriend Caroline Ellison confessed of conspired with SBF to deceive FTX customers and investors. They steal billions of dollars from FTX customers. Alameda Research was given access to an unlimited line of credit without being required to post collateral or being subject to margin calls. CFTC and SEC filed a fraud charge against both Ellison and Gary Want. SEC filed a charge against Wang saying Wang created a backdoor to funnel FTX funds to Alameda. Both Ellison and Wang plead guilty to fraud charges brought against them. Before pleading guilty and cooperating with the government, she was facing 110 years of prison time. Now she is hoping for a lighter sentence in exchange for cooperation.
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