Prosecutors plan to use the personal notes and diaries of former Alameda Research CEO Caroline Ellison as evidence against former FTX CEO Sam Benkman-Fried (SBF) during a criminal trial. This follows from the court document.
The report indicated that prosecutors plan to file Allison’s personal lists of cases and records, including one note titled “Things Sam Is Freaking Out About,” in court. It briefly describes conversations between SBF and Caroline Ellison regarding his business problems, fundraising, the Alameda hedge fund, and negative publicity about FTX.
Evidence includes a recording made by Allison at a general staff meeting on November 9, 2022, just two days before the FTX filing. statements about bankruptcy.
According to the report, an Alameda employee asked the ex-CEO of Alameda who knew about the lack of funds from FTX users. To which Allison replied: “I talked about it with Sam, Nishad and Gary.”
Gary Wang is the co-founder of the company and Nishad Singh is the CTO.
The documents also state that Ellison was asked who made the decision to use FTX client funds, to which she replied, “Probably Sam.”
Recall that at the end of July, the US Department of Justice accused SBF in handing over Caroline Ellison’s private diary to The New York Times.
In August, Judge Lewis Kaplan ruled that the SBF would remain in custody pending trial, which is scheduled for October. He agreed with prosecutors who accused Benkman-Fried of trying to influence witnesses. In particular, we are talking about the conversations of the former head of FTX with journalists about Caroline Ellison.
Source: Cryptocurrency
I am an experienced journalist and writer with a career in the news industry. My focus is on covering Top News stories for World Stock Market, where I provide comprehensive analysis and commentary on markets around the world. I have expertise in writing both long-form articles and shorter pieces that deliver timely, relevant updates to readers.
