Sam Bankman-Fried's trial to resume with more testimony from Caroline Ellison

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Sam Bankman-Fried's trial to resume with more testimony from Caroline Ellison
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Caroline Ellison, the former co-head of Sam Bankman-Fried's hedge fund and a pivotal witness in his trial on fraud charges tied to the collapse of his FTX...

NEW YORK - Caroline Ellison, the former co-head of Sam Bankman-Fried's hedge fund and a pivotal witness in his trial on fraud charges tied to the collapse of his FTX cryptocurrency exchange, is scheduled to retake the stand on Wednesday morning.

The 28-year-old Stanford University graduate told jurors Bankman-Fried, her former boss and sometime romantic partner, shrugged off the risk of Alameda's lending and investment strategies, which relied on loans from crypto lenders who could demand repayment at any time. In his opening statement last week, defense lawyer Mark Cohen told jurors to question whether cooperating witnesses like Ellison were putting a new, nefarious spin on old decisions by Bankman-Fried which they had originally agreed with.

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