Caroline Ellison 'freaked out' when the crypto market crashed as she realized Alameda owed billions to lenders

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Caroline Ellison former Alameda Research CEO
Caroline Ellison lived in fear, she testified.

Brendan McDermid/Reuters

Caroline Ellison appeared to have difficulty recognizing her ex-boyfriend Sam Bankman-Fried in court without his signature shaggy hair and cargo shorts

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Caroline Ellison took a few extra seconds to identify Sam Bankman-Fried in court on Tuesday.
Caroline Ellison took a few extra seconds to identify Sam Bankman-Fried (pictured her before his new haircut) in court on Tuesday.

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Sam Bankman-Fried thought political donations got him 'high returns' for little money, Caroline Ellison testifies

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Caroline Ellison (left) and Sam Bankman-Fried (right).
Caroline Ellison (left) and Sam Bankman-Fried (right).

Michael M. Santiago via Getty Images

Sam Bankman-Fried's risk appetite was so large that he would flip a coin if losing meant destroying the world, Caroline Ellison testified

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Caroline Ellison

Tyler Le/Insider

  • Sam Bankman-Fried said he was willing to destroy the world with a coin flip, Caroline Ellison said.
  • She testified that SBF used the metaphor to illustrate his risk philosophy for Alameda investments.
  • They lost a lot of money.

Imagine, if you will, a coin.

'I wanted more': Caroline Ellison tells jury that Sam Bankman-Fried didn't pay her enough attention during their relationship

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Caroline Ellison courtroom sketch
Caroline Ellison testified in the trial of her ex-boyfriend, Sam Bankman-Fried, on Tuesday in Manhattan.

JANE ROSENBERG

Sam Bankman-Fried thought there was a 5% chance he would be president, Caroline Ellison testified in his trial

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Caroline Ellison courtroom sketch
Caroline Ellison testified in the trial of her ex-boyfriend, Sam Bankman-Fried.

JANE ROSENBERG

Caroline Ellison spills the beans on her ex-boyfriend Sam Bankman-Fried, says he told her to take customer money

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Caroline Ellison
Former Alameda Research CEO Caroline Ellison is expected to be a key witness in the fraud case against Sam Bankman-Fried.

Tyler Le/Insider

Caroline Ellison is a math whiz, trader, and shadow figure behind FTX's collapse. She's testifying this week in the criminal trial of her ex-colleague and boyfriend, Sam Bankman-Fried.

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Caroline Ellison
Caroline Ellison was the CEO of Alameda Research, a trading firm launched by Sam Bankman-Fried. She expected to testify in SBF's trial this week.

Tyler Le, Jenny Chang-Rodriguez/Insider

See inside the $35 million 'Orchid' penthouse Sam Bankman-Fried lived in, with floor-to-ceiling ocean views and a rooftop pool

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Sam Bankman-Fried
Sam Bankman-Fried's criminal trial started on Tuesday.

Tom Williams/Getty Images

Sam Bankman-Fried's lawyer paints him as a 'math nerd' and tries to pin FTX collapse on ex-girlfriend Caroline Ellison

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Caroline and SBF
SBF's lawyer tried to pin FTX collapse on Caroline Ellison.

Chelsea Jia Feng

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