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NEWS: Sam Bankman-Fried’s trial to resume with more testimony from Caroline Ellison

CRYPTO MARKET: The value of crypto assets have begun to bounce bank one year on from the arrest and charging of crypto darling and industrial fraudster Sam Bankman-Fried.

By Jody Godoy and Luc Cohen

Caroline Ellison, the former co-head of Sam Bankman-Fried’s hedge fund and a pivotal witness in his trial on fraud charges tied to the collapse of his FTX cryptocurrency exchange, is scheduled to retake the stand on Wednesday morning.

Ellison, the former co-chief executive of Alameda Research, testified on Tuesday that she was part of a multibillion-dollar conspiracy led by Bankman-Fried to defraud FTX customers, investors and lenders.

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