According to a transcript of a plea hearing, Caroline Ellison, the former CEO of Alameda Research, testified in federal court in New York that she understood she was acting improperly. She knowingly swindled lenders regarding the amount the company had been borrowing from the defunct FTX cryptocurrency exchange. Transcription of Caroline Ellison As per the transcription reported by Bloomberg, Ellison stated that she was aware that Alameda was granted access to a lending facility on FTX.com, the cryptocurrency exchange controlled by Mr. Bankman-Fried, from 2019 until 2022. She further stated that this arrangement gave Alameda exposure to a limitless line The post Caroline Ellison Claims She Deliberately Deceived Lenders: Bloomberg appeared first on Cryptoknowmics-Crypto News and Media Platform .
