Ex-Girlfriend Caroline Ellison Accuses SBF of Financial Deceptions in Court

Adekunle Joshua

Caroline Ellison, former CEO of Alameda Research and SBF's ex-girlfriend, recently testified in court

She stated that Bankman-Fried instructed her and her colleagues to transfer billions of dollars in customer funds from FTX to Alameda accounts

SBF also asked Ellison to create fabricated spreadsheets illustrating various scenarios that could impact Alameda's loan-taking capabilities

According to Ellison, Bankman-Fried assured her that auditors wouldn't scrutinize the falsified figures

Ellison also revealed that FTX had lent millions of dollars to its executives, including SBF.