Sam Bankman-Fried aspired to become US President, says Caroline Ellison

Former FTX CEO Sam “SBF” Bankman-Fried had ambitions to change into the President of the USA, in keeping with his former girlfriend and enterprise affiliate Caroline Ellison.

Showing in court docket on Oct. 10 to testify in opposition to Bankman-Fried, Ellison reportedly said the previous FTX CEO wished to be the U.S. President sooner or later. The declaration adopted the tip of their private relationship, whereas the 2 continued to work collectively at their respective management roles at Alameda Analysis and FTX till November 2022.

Ellison admitted to fraud throughout her time at Alameda on the route of Bankman-Fried, claiming he “arrange the techniques” resulting in the hedge fund taking roughly $14 billion from the alternate. Her testimony on the fifth day of SBF’s prison trial was a part of a plea settlement with prosecutors.

This can be a growing story, and additional data will probably be added because it turns into accessible.