🏅 Top traders
| # | Name | Total profit |
|---|---|---|
| 1 | Ṁ35 | |
| 2 | Ṁ33 | |
| 3 | Ṁ28 | |
| 4 | Ṁ16 | |
| 5 | Ṁ9 |
Resolves YES @AmmonLam
https://www.bloomberg.com/news/articles/2022-12-23/ellison-said-she-bankman-fried-agreed-to-mislead-ftx-lenders
Former Alameda Research CEO Caroline Ellison said she and FTX co-founder Sam Bankman-Fried knowingly misled lenders about how much the trading firm was borrowing from the cryptocurrency exchange.
Ellison gave her first public account of her actions in a Dec. 19 plea hearing in Manhattan federal court. “I knew that it was wrong,” she said, according to a transcript of the hearing.
...
“From 2019 through 2022, I was aware that Alameda was provided access to a borrowing facility on FTX.com, the cryptocurrency exchange run by Mr. Bankman-Fried,” Ellison said, adding, “In practical terms, this arrangement permitted Alameda access to an unlimited line of credit without being required to post collateral, without having negative balances and without being subject to margin calls on FTX.com’s liquidation protocols.”
...
She said she and Bankman-Fried agreed to conceal this arrangement from lenders and crafted false financial statements to hide the amount of Alameda’s borrowing."
@AmmonLam Does the testimony have to be at trial? Under oath? Do suspected, non-public statements to prosecutors that lead to SBF pleading guilty count? Any public statement not under oath saying SBF committed crimes?
@MattReardon Any of the above counts. She might have testified against SBF already. If anyone links at credible article that shows that she did I will resolve the market to Yes