Ellison Admits She, Bankman-Fried Misled FTX Lenders

Ellison Admits She, Bankman-Fried Misled FTX Lenders

Former Alameda Research CEOCaroline Ellisonsaid she and FTX co-founderSam Bankman-Friedknowingly 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.”

Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: m
Connect with us on…
Twitter: s
Facebook: /
Instagram: n

You May Also Like

About the Author: SchellcoUSA

Leave a Reply

Your email address will not be published. Required fields are marked *