The Department of Justice has chalked up the release of Caroline Ellison’s diary, which includes passages about her time working at FTX’s sister trading firm Alameda Research, as an attempt “to discredit a witness.” Ellison is expected to be a key witness in the upcoming trial in October against Sam Bankman-Fried for a laundry list of allegations around his management of the collapse of FTX and Alameda at the end of last year. She has also admitted fraud for her role in the twin firms’ spectacular downfall.
Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.
Splinterlands Cofounder Matt Rosen tells Decrypt‘s Kate Irwin about how the game has evolved over its five-year history and why he doesn’t listen to the FUD around crypto.
