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Secret recording of Caroline Ellison meeting with Alameda staff exposed in SBF criminal trial
In an all-hands meeting on the evening of Nov. 9, 2022, Alameda Research employees gathered in a circle to listen to CEO Caroline Ellison, who was sitting on a beanbag. It was 11 p.m. in Hong Kong, and roughly half of the employees — 15 people — at Sam Bankman-Fried's crypto hedge fund were present. Christian Drappi, a former software engineer at Alameda, was one of them. Ten others joined via video from the Bahamas. The Alameda office was across the street from FTX, Bankman-Fried's crypto exchange. On Thursday, Drappi took the stand as a government witness in the criminal trial against Bankman-Fried, which is ... (full story)