Star witness Caroline Ellison says FTX founder Sam Bankman-Fried hoped to be US president someday

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Star witness Caroline Ellison says FTX founder Sam Bankman-Fried hoped to be US president someday
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He even thought there was a 5% chance he'd become president someday, Ellison said.

NEW YORK — Caroline Ellison, the tech executive who ran Sam Bankman-Fried ‘s hedge fund while sometimes dating him, testified Tuesday that he directed her to commit crimes before his cryptocurrency empire collapsed last November. She also revealed that her former boss and boyfriend thought he might be U.S. president someday.

The appearance of Bankman-Fried, who sat at a table among his lawyers, has changed dramatically in recent months as he has lost weight and trimmed his well-known wild coif into a tightly cropped look more traditional among financial professionals. Ellison, a Stanford University graduate, met Bankman-Fried while working as an intern at the investment firm Jane Street before joining his company after he formed Alameda Research in 2017.Ellison seemed composed throughout the testimony, even when it touched on her romantic relationship with Bankman-Fried. She said the executives were sleeping together by fall 2018 and had begun a romantic relationship by summer 2020.

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