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Alameda’s Caroline Ellison Says She, Sam Bankman-Fried Agreed to Mislead FTX Lenders

Ellison gave her first public account of her actions in a Dec. 19 plea hearing in Manhattan federal court. “I knew that it was wrong,” she said, according to a transcript of the hearing. 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. “I knew that it was wrong,” she

Caroline Ellison Was Alameda’s CEO, But Officials Say Sam Bankman-Fried Ran It

When Sam Bankman-Fried told his side of the story of what happened to FTX, the crypto exchange that went bankrupt on his watch last month, he often pointed the finger elsewhere. His favorite target was Alameda Research, the trading firm where Caroline Ellison was chief executive. This week, the U.S. government pointed back at Mr. Bankman-Fried. When Sam Bankman-Fried told his side of the story of what happened to FTX, the crypto exchange that went bankrupt on his watch last month, he…

Top Tech News Today: Twitter India Fires Over 90% of the Staff! Solana Tanks Down to Double-Digits After Alameda’s Insolvency Rumors

Twitter Inc. fired almost 90% of its staff in India over the weekend! Read the top tech news Good morning tech fam, here are some quick tech updates for you to catch on to! What’s New Today: New AI tool reveals how cities would look like in 2100 if climate goals are not appropriately met by governments. Fast-Track Insights: Vitalik reveals a new phase for the Ethereum development roadmap, the Scourge, to improve censorship resistance and decentralization. Twitter Inc. fires over 90% of its staff in India over the…