An interesting turn of events happened when Caroline Ellison, the former CEO of Alameda Research, testified in federal court. She painted a disturbing picture of lying and money problems. Ellison told the reporters that her boss, Sam Bankman-Fried, told her to lie on lenders’ balance sheets to hide billions of dollars in lost funds. Bankman-Fried … Continue reading Bankman-Fried Accused of Preparing Fake Balance Sheets to Obscure Missing Billions