**Breaking news:** 🔍 Caroline Ellison, former CEO of Alameda Research, testified in the trial of Sam Bankman-Fried (SBF) on fraud charges, stating that Alameda was an FTX customer and expressing concerns about using company funds. She revealed that she had raised the issue with SBF and inquired about audits, to which he assured her not to worry because auditors wouldn't check the contents. Ellison also mentioned that a substantial amount of FTX funds, ranging from $10 to $20 billion, were deposited in Alameda. Stay tuned for further developments in this case! ⚖️💼 #SBF #AlamedaResearch #FraudTrial

**Breaking news:** 🔍 Caroline Ellison, former CEO of Alameda Research, testified in the SBF fraud trial, revealing that Binance was considered a competitor worth $200 million, and SBF aimed to repurchase FTX stock in mid-2021 through credit with the source of funds being Genesis. Ellison also mentioned that SBF had ambitions to become President of the United States. This trial continues to unveil intriguing insights into the cryptocurrency industry. Stay tuned for more revelations! 🕵️‍♂️💼 #SBF #AlamedaResearch #FraudTrial