Business
Ellison Admits She, Bankman-Fried Misled FTX Lenders
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
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on…
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness/
Instagram: https://www.instagram.com/quicktake/?hl=en
source
@peterschaeffer
January 8, 2024 at 11:37 am
Caroline E. should have become a Math professor at some university. Instead, she is doomed to get an inmate number. My guess (and it's only a guess) is that she will be able to play the 'a bad man led me astray' card a lot better than E. Holmes. My guess is that SBF is in much deeper *&^% than her.
@timothymahoney7986
January 8, 2024 at 11:37 am
Was anyone FORCED to trust these doped-up goofballs with their money? Not sure how much sympathy the "investors" deserve. Oh wait, Tom Brady and Larry David said it was a good idea…
@lurkingarachnid7475
January 8, 2024 at 11:37 am
See what happens when you date Dobby the house elf?
@user-it2mx6bi7z
January 8, 2024 at 11:37 am
DPR is never getting out of prison and he created a useful amazing financial free trade market. Never stole 1$. Whats the punishment here? execution times 10 is not possible tho
@aimay374
January 8, 2024 at 11:37 am
THIS BIT CHHH SHOULD BE IN JAIL TOO
@1911Earthling
January 8, 2024 at 11:37 am
I just found out Caroline went to my high school alma mater. NEWTON NORTH HIGH SCHOOL. I got sick when I found out.
@HodL95Lifestyle
January 8, 2024 at 11:37 am
Alameda borowing Money from FTX 😂😂 Sam deposit Money to Alameda Boss Ellison
@MisterSingh.
January 8, 2024 at 11:37 am
living wievel
@arcomn
January 8, 2024 at 11:37 am
Lock Caroline Ellison up for 40 years and put her in the same cell with Elizabeth Holmes!!!
@lukepine1
January 8, 2024 at 11:37 am
Imagine this girl is a math whiz wew but a con artist wew
@preptplus
January 8, 2024 at 11:37 am
The whole system is flawed that these two nerds could set up something and fleece people of their money. Furthermore why do people keep giving their money to these people. Given the system is flawed they won't be the last.
@kirkbarber4040
January 8, 2024 at 11:37 am
Why is she NOT in jail?
@theodcast791
January 8, 2024 at 11:37 am
Gary Wang 🤣
@lazarusdigital
January 8, 2024 at 11:37 am
Jewish
@Fernando-wz6no
January 8, 2024 at 11:37 am
He deserves LIFE TERM or even more!
@rosalynbrown1613
January 8, 2024 at 11:37 am
Anyone want to bet that with all of Caroline Ellison's and her Daddy's connections, she won't spend a day in jail?
@harrylupo9489
January 8, 2024 at 11:37 am
My daughter left her skateboard on the steps because of climate change
@harrylupo9489
January 8, 2024 at 11:37 am
BIDEN SAID ITS ALL TRUMP SUPPORTERS FAULT AND CLIMATE CHANGE
@deborahsharon2284
January 8, 2024 at 11:37 am
Choosing to invest in Btcoin is the best
decision anyone can make with the
right approach. it works.
@mckennataylor4975
January 8, 2024 at 11:37 am
hilarious video!
@artielukas888
January 8, 2024 at 11:37 am
I love Jewish people !
@chookin1
January 8, 2024 at 11:37 am
Just demonstrates the pathetic nature of SBF having to rely on mummy and daddy to bail him out. Is he back in their basement? Appearences with Clinton and Blair and other endorsements prove this dummy and his drones are fall guys for Crime Inc and the deep state. Im betting SBF wont live long enough to testify.
@CaliSwagg2214
January 8, 2024 at 11:37 am
Are you kidding me! "I knew it was wrong"
@dobermanguy9437
January 8, 2024 at 11:37 am
They need to lock up Harry Potter all three of them are criminals
@BioVisier
January 8, 2024 at 11:37 am
If you're going to do something shady, Never. I repeat. NEVER involve a woman. They roll over on you in an instant.
@TM-tw1py
January 8, 2024 at 11:37 am
Let them all compete with the each to testify first against each other.
@TM-tw1py
January 8, 2024 at 11:37 am
Ellison is the new Bernie Madoff!
@sanjayharikulkarni3271
January 8, 2024 at 11:37 am
Expensive education does not necessarily brings in good character.
@spectrumthevideogame7167
January 8, 2024 at 11:37 am
If these kids don’t go on death row then there is no justice.
@22jaydogg
January 8, 2024 at 11:37 am
With her pleading guilty should get minimum 25 years in prison
@jamesobrien4013
January 8, 2024 at 11:37 am
I hope the feds play them all against each other so that they can all rot in prison together.
@facelessandnameless
January 8, 2024 at 11:37 am
She better serve some damn time!