Ellison Admits She, Bankman-Fried Misled FTX Lenders

Former Alameda Research CEOCaroline Ellisonsaid she and FTX co-founderSam Bankman-Friedknowingly lenders about how much the trading firm was borrowing from the cryptocurrency exchange. gave her first public account of her actions in a Dec. 19 plea hearing in Manhattan federal court. Ava Benny-Morrison reports on “ Markets: The Close.”

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