In emotional testimony, Sam Bankman-Fried's former girlfriend blamed the FTX co-founder for justifying illegal activity.
Sam Bankman-Fried's former top executive for his crypto hedge fund says the collapse of FTX left her feeling 'relief that I didn't have to lie anymore.'In emotional testimony in Manhattan federal court on Wednesday, Caroline Ellison blamed Bankman-Fried for crafting justifications for conduct that was wrong and illegal.
'I didn't really want to be dishonest, but I also didn't want them to know the truth,' the 28-year-old said.Ellison said in years past, she never would have thought she'd be sending phony balance sheets to lenders or misallocating customer money, 'but I think it became something I became more comfortable with as I was working there.
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