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Ellison Admits She, Bankman-Fried Misled FTX Lenders

Posted

December 23, 2022

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Former Alameda Research CEO Caroline Ellison said she and FTX co-founder Sam Bankman-Fried knowingly misled lenders about how much the trading firm was borrowing from the cryptocurrency exchange. Ellison gave her first public account of her actions in a Dec. 19 plea hearing in Manhattan federal court. Ava Benny-Morrison reports on "Bloomberg Markets: The Close."

#ftx #bitcoin #crypto

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Ellison Admits She, Bankman-Fried Misled FTX Lenders · Bloomberg Television · Sentinel