SBF’s Lawyers Want to Ask Caroline Ellison About FTX’s Anthropic AI Stake
Ellison, the former Alameda CEO, testified Tuesday that she was consulted on FTX’s investment portfolio.
Ellison, the former Alameda CEO, testified Tuesday that she was consulted on FTX’s investment portfolio.
I’ve spent the past week in a courtroom covering Sam Bankman-Fried. Here’s what we’ve heard.
Attackers were able to steal nearly $400 million worth of various tokens after FTX was hacked in November 2022. But it could have been worse.
The former Alameda CEO will “tell you about how she and the defendant stole money customers entrusted to FTX,” a prosecutor said. Defense’s cross-examination may get personal.
The longest-running crypto exchange says three European banks are in talks about offering crypto services – a stark contrast to the U.S., where firms are wary amid a regulatory crackdown.
Alameda owed FTX $11 billion it didn’t have.
FTX owns a stake in Anthropic which was worth $500 million last year.
“Sam told me to make mühlet Alameda’s accounts would never get liquidated on FTX,” Wang said.
“We’re not bulletproof this year,” Sam Bankman-Fried said in mid-2022, according to the witness.