Caroline Ellison Starts Day 2 of Testimony Against FTX’s Sam Bankman-Fried

Over the course of her first day of testimony, Ellison walked the jury through how Bankman-Fried, despite naming her (and for a spell, Sam Trabucco) as CEO of Alameda, still largely retained control over the firm’s decisions, and how he disregarded her advice on issues like whether to expand FTX’s investment portfolio.

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