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Caroline Ellison’s Explosive Testimony | Crypto Daily Digest Oct.12

Caroline Ellison’s Explosive Testimony | Crypto Daily Digest Oct.12

TokenInsightTokenInsight2023/10/12 15:37
By:TI Research

During the sixth day of SBF trial, former Alameda CEO Caroline Ellison revealed some shocking inside stories

  • Caroline Ellison, former CEO of Alameda Research and ex-girlfriend of SBF said she felt relieved when his crypto empire started to collapse because it meant she could stop lying.
  • When Genesis asked Alameda for a more updated view of the balance sheet, SBF told Ellison not to show the real situation, but to hide some information. Ellison then prepared 7 different balance sheets for SBF to choose from.
  • When discussing Alameda having borrowed $10 billion from FTX, SBF screamed that it was Ellison's fault, she recalled. "But it was Sam who made all these investments that put us in this situation."
  • Ellison's testimony also involves details of SBF's bribery of Chinese officials.

To read more: the Trial of SBF

Today's Market

Caroline Ellison’s Explosive Testimony |  Crypto Daily Digest Oct.12 image 0

Caroline Ellison’s Explosive Testimony |  Crypto Daily Digest Oct.12 image 1 Source: TokenInsight Gainers and losers

Headlines

SBF Trial Day 6: Ex-Alameda CEO Testifies in Tears, Revealing Details of False Balance Sheets, Chinese Bribes, and More

Summary of Token Unlocks in 2023 Q4: In October, several prominent projects, including Aptos, ApeCoin, Axie Infinity, and Optimism, will undergo a new round of token unlocks. We have compiled information on 12 upcoming token unlock events with unlock amounts exceeding $1 million.

Other News in Case You Missed it:

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What's New from TokenInsight?

What is Neutron ($NTRN) which will be listed on Binance?This article provides a quick overview of the project and discusses whether it is worth buying.

Caroline Ellison’s Explosive Testimony |  Crypto Daily Digest Oct.12 image 2

Crypto Market Insights 2023 Q3:After Q1's surge and Q2's calmness, the overall market in Q3 showed a downward trend. Without the fervor of Bitcoin NFTs and Bitcoin spot ETFs, the market witnessed only a few lukewarm trends and frequent security incidents. So, what major events occurred in Q3, and what impact did they have? Let's review together.

Caroline Ellison’s Explosive Testimony |  Crypto Daily Digest Oct.12 image 3

The Diverse Landscape of Exchanges in a Bear Market: In the crypto market, the bear market is a test for all. How are the different exchanges faring in this challenging environment? Let's find out together.

Caroline Ellison’s Explosive Testimony |  Crypto Daily Digest Oct.12 image 4

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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