NEW YORK (AP) — The trial of FTX founder Sam Bankman-Fried took a star turn Tuesday as his former fellow top executive, Caroline Ellison, began testifying...
took a star turn Tuesday as his former fellow top executive, Caroline Ellison, began testifying against him, immediately blaming her former boyfriend for directing her to commit crimes before his cryptocurrency empire collapsed last November.
In the trial's second week, Ellison said she committed fraud, conspiracy to commit fraud and money laundering along with Bankman-Fried and others. Ellison said Bankman-Fried set up systems that enabled Alameda to withdrawal unlimited sums of money from FTX accounts and he “directed us to take FTX money to repay our loans.”Ellison's testimony immediately followed two days of testimony from Gary Wang, an FTX cofounder and another key figure in Bankman-Fried's inner circle.
Five people are in custody and three police officers were sent to hospital after a physical altercation early Monday morning in the Montréal-Nord borough. Montreal police received a 911 call around 2:35 a.m. for reports about a brawl on Arthur-Chevrier Street. When officers arrived at the scene, they attempted to gather information from some people involved in the fight.
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