The post Caroline Ellison’s Shocking Revelations in Today’s Trial! appeared first on Coinpedia Fintech News
Caroline Ellison testified in court about borrowing $10 billion from FTX customers and a bribery scheme to unfreeze $1 billion in funds in China. Ellison stated that Sam had made investments that put the company in a difficult financial situation. Ellison also revealed that Sam wanted to raise funds from the Saudi Prince and set regulators against Binance. The defense objected to Ellison’s statement about the bribery scheme, which the judge ultimately struck from the record.