Sam Bankman-Fried told Caroline Ellison to continue repaying Alameda Research's lenders with FTX customers' money, which she did despite misgivings, she testified Wednesday. It was the second day of testimony for Ellison, the former CEO of hedge fund Alameda Research and star witness in the government’s criminal fraud case against her former boss and paramour, FTX founder Bankman-Fried. In May 2022, the Luna crypto token’s decline led to a broader market downturn which caused several of Alameda’s creditors to call back loans that they’d made to the Bankman-Fried-founded trading fund, Ellison testified. “I was in a ... (full story)