{"id":172043,"date":"2023-10-11T12:21:07","date_gmt":"2023-10-11T06:51:07","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=172043"},"modified":"2023-10-11T12:21:07","modified_gmt":"2023-10-11T06:51:07","slug":"caroline-ellison-discloses-sbfs-political-ambitions-and-more-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/caroline-ellison-discloses-sbfs-political-ambitions-and-more-crypto-news\/","title":{"rendered":"Caroline Ellison Discloses SBF’s Political Ambitions And More – Crypto News"},"content":{"rendered":"

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During her testimony at the New York court on Tuesday, October 10, SBF\u2019s ex-girlfriend Caroline Ellison spilled the beans exposing the notorious funding at FTX before its collapse in November 2022,<\/p>\n

SBF Had Political Ambitions, Said Ellison<\/h3>\n

In a federal courtroom in downtown Manhattan, Caroline Ellison, former CEO of Alameda Research and ex-girlfriend of Sam Bankman-Fried, testified that Bankman-Fried had aspirations of becoming President of the United States. During their on-and-off three-year relationship, he confided in her that he saw a 5% chance of potentially becoming the President one day.<\/p>\n

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During their on-and-off three-year relationship, Caroline Ellison, who is 28 years old, stated that Sam Bankman-Fried confided in her about his aspirations. He aimed to make a substantial impact in both the realms of business and politics, she said<\/a>.<\/p>\n

There\u2019s no secret to this before the FTX collapse, SBF was donating major funds<\/a> to political parties through the exchange. Much discussion has revolved around Sam Bankman-Fried\u2019s alleged unlawful contributions and offerings to various entities, including political organizations. There is a prevailing belief that these financial contributions constituted customer deposits, which the 31-year-old entrepreneur purportedly diverted for personal gain<\/p>\n

<\/p>\n

During the court ruling last month, the Judge also granted permission to question FTX\u2019s political donations<\/a>.<\/p>\n

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Ellison: SBF New About Alameda Risks<\/h3>\n

During her testimony yesterday, Ellison came out clea<\/a>n stating that Sam Bankman-Fried forced her to commit crimes. She further added that SBF very much knew about the risks at Alameda and still decided to use billions of dollars in customer funds towards risky investments.<\/p>\n

\u201cI thought that Alameda\u2019s financial position was risky, and if the market went down we would lose a lot of money,\u201d Ellison testified. \u201cI was concerned about conveying that information to lenders and worrying about Alameda\u2019s financial health and recalling their loans.\u201d<\/p>\n

It is clear that troubles for Sam Bankman-Fried continue to mount further with things not going in his favor clearly.<\/p>\n

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Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills. <\/p>\n<\/p><\/div>\n

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n

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During her testimony at the New York court on Tuesday, October 10, SBF\u2019s ex-girlfriend Caroline Ellison spilled the beans exposing the notorious funding at FTX before its collapse in November 2022, SBF Had Political Ambitions, Said Ellison In a federal courtroom in downtown Manhattan, Caroline Ellison, former CEO of Alameda Research and ex-girlfriend of Sam […]<\/p>\n","protected":false},"author":2,"featured_media":170408,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[192,29,198,194,195,199,196,193,197,200],"class_list":["post-172043","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-blockchain-business","tag-business","tag-coins","tag-crypto-business","tag-cryptocurrency-business","tag-fiat","tag-metaverse-business","tag-nft-business","tag-token","tag-token-business"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/172043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=172043"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/172043\/revisions"}],"predecessor-version":[{"id":172045,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/172043\/revisions\/172045"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/170408"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=172043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=172043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=172043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}