New evidence reveals Caroline Ellison blamed SBF for FTX demise
The founder of collapsed crypto exchange FTX , Sam Bankman-Fried , has been dealt another blow in court after prosecutors revealed they had obtained a recording and several notes wherein Caroline Ellison blames him for misusing customer funds. During a company-wide meeting right before the exchange went bankrupt, Ellison told employees of FTX sister firm Alameda Research that “Alameda will likely wind down once we can, like, repay all of our creditors and sort of wind down a bunch of our, like, whatever remaining obligations we have.” “I guess, mostly I wanna say, like, I’m sorry. This really sucks.” “Definitely feel free to take a break,” she told the team, explaining that anyone was free to leave. “I guess for people who do stick around, I think it’s, like, possible that there might be some kind of future thing. “ According to federal prosecutors, one employee asked Ellison who was responsible for using FTX customer de...