SBF’s ex-girlfriend arrived in court to prepare to testify on the SBF case, FTX Lianchuang Gary Wang completed the cross-examination of SBF lawyers
2023-10-10 15:07
Odaily News Former Alameda Research CEO Caroline Ellison arrives in court before testifying in the SBF trial, her first public appearance since the collapse of Alameda and FTX a year ago. When Ellison arrived, FTX co-founder Gary Wang was being cross-examined by SBF lawyers. Ellison is scheduled to testify after Gary Wang. Prosecutors said Ellison was one of the few people in SBF’s inner circle who knew the truth behind its alleged transfer of billions of dollars in FTX client funds to Alameda. After FTX collapsed, she pleaded guilty and agreed to cooperate with federal prosecutors. When questioned on the witness stand by SBF lawyers on Tuesday, Gary Wang said it was not until June 2022 that he was relieved that Alameda Researchs assets exceeded its liabilities and it could repay lenders. Gary Wang has given evidence for the third consecutive day in the SBF trial. (Bloomberg) Earlier today, it was reported that SBF’s lawyers asked a judge to investigate the US$200-300 million Alameda loan in which FTX co-founder Gary Wang participated.
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