Coin

<ul class="news-points"> 
 <li><strong>SBF tried using Thai prostitute identities to access the funds. </strong></li> 
 <li><strong>Caroline disclosed some intricate details about SBF unfreezing Chinese Funds.</strong></li> 
 <li><strong>Caroline and SBF presented fabricated balance sheets to cover the missing funds.</strong></li> 
</ul> 
<p>In the developing <a href="https://coinedition.com/tag/ftx-news/">FTX</a> case, Sam Bankman Fried’s (SBF) ex-girlfriend, Caroline Ellison, the sole witness, unraveled some intriguing information at a hearing in the courtroom. On her second day of testimony, she explicitly explained the extraordinary measures that FTX under Bankman-Fried’s leadership, took to unfreeze billions of dollars worth of funds seized on exchanges, by Chinese officials in that country in early 2021.</p> 
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   <p lang="en" dir="ltr">AUSA: How much was frozen in China?<br>Ellison: $1 billion. Sam wanted to find ways to address it. <br>AUSA: How were they unfrozen?<br>Ellison: Alameda paid a bribe to Chinese government officials<br>SBF: Objection, move to strike.<br>Judge Kaplan: I will strike that</p>— Inner City Press (@innercitypress) <a href="https://twitter.com/innercitypress/status/1712133691965636829?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 11, 2023</a>
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<p>Ellison <a href="https://www.washingtonpost.com/business/2023/10/11/bankman-fried-ftx-ellison/" target="_blank" rel="nofollow">stated </a>that she and SBF tried to trade funds off frozen accounts using Thai prostitutes’ identities, which were provided by a top executive. However, as this approach did not work SBF decided to bribe the Chi…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/ex-girlfriend-unravels-sbfs-valiant-efforts-to-unfreeze-chinese-funds/">Ex-GirlFriend Unravels SBF’s Valiant Efforts to Unfreeze Chinese Funds</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Ex-GirlFriend Unravels SBF’s Valiant Efforts to Unfreeze Chinese Funds

Coin Edition

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