(Image by MichaelWuensch from Pixabay)
(ZEROHEDGE) – Caroline Ellison, erstwhile girlfriend of FTX founder Sam Bankman-Fried and former CEO of Alameda Research, has spilled her guts in order to avoid a 110-year prison sentence.
According to court documents released Friday, Ellison admits she and SBF signed off on “materially misleading financial statements” for Alameda lenders – knowing it was illegal.
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Specifically, she told a judge earlier this week she and Bankman-Fried conspired to steal billions of dollars from FTX customers, as she appeared in federal court to plead guilty to seven criminal counts, according to a court transcript reported by Wall Street Journal and Bloomberg.
The post Sam Bankman-Fried's girlfriend confirms they conspired to steal from FTX customers appeared first on WND.
