BlockFi CEO Zac Prince was the next one to take the stand in court after Alameda Research co-founder Caroline Ellison. Caroline Ellison admitted to stealing FTX customer funds during Alameda's 'all-hand meeting' for staff. Meanwhile, former Alameda co-CEO Sam Trabucco remains a person of interest after his mysterious exit in 2022. lockFi, had lent up to $850 million in loans to FTX between July and early November.
Roos: The 2 from today, then Nishad Singh, Arora and others — Inner City Press October 13, 2023 With testimony of each witness, the knife seems to be sliding deeper into SBF, with no prospects for light at the end of the tunnel. As regards Caroline Ellison and her incentive for cooperation, the prosecutors have agreed to support her with a 5k1 cooperator's letter at her sentencing, according to Russell Lee.