The trial of Sam Bankman-Fried, founder of collapsed crypto exchange FTX, will enter its fifth day on Oct. 10 when one of the most anticipated witnesses takes the stand.

Caroline Ellison was CEO at FTX’s sister firm, Alameda Research, as well as Bankman-Fried’s on-and-off-again girlfriend. The 28-year-old is expected to take the stand on Tuesday, picking up where another former Bankman-Fried confidant, Gary Wang, leaves off once his testimony concludes.

Like Wang, Ellison was privy to most of the goings-on at Bankman-Fried’s once-thriving crypto conglomerate.

In July, the New York Times (NYT) reported that Ellison recorded her thoughts on private Google documents, where she expressed doubts over her suitability to run the crypto hedge fund, a key division of Bankman-Fried’s business.

Those musings will probably be part of what many expect to be an explosive telling of the shenanigans at Alameda and FTX that led to the loss of billions of dollars of customer funds. 

Ellison’s potential revelations have sparked global interest in her life and work. Before she gets her day in court, crypto.news takes a look at the woman whose words may drive several long nails into Bankman-Fried’s metaphorical coffin.

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Author: Julius Mutunkei

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