Sam Bankman-Fried trial: Ex-girlfriend Caroline Ellison blames him for stealing billions

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Sam Bankman-Fried trial: Ex-girlfriend Caroline Ellison blames him for stealing billions
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Barnini Chakraborty is the senior investigations reporter at the Washington Examiner. She has previously worked at Fox News as a senior features and politics reporter. She's also worked at Fox Business as a field producer and at Dow Jones. She began her career at the Augusta Chronicle in Georgia.

Caroline Ellison, the former business partner and onetime girlfriend of crypto king Sam Bankman-Fried, told a New York jury on Tuesday that the couple had knowingly duped customers out of billions of dollars and that Bankman-Fried had"directed" her to misuse the money.

She described Bankman-Fried as a boastful, ambitious man who told her there was a"5% chance" he would one day become president of the United States. She told jurors that he was the boss and she did what he told her to do. The defense has already hinted that it plans to go after Ellison, painting her as a deeply insecure woman who wasn't very good at her job, failed to follow instructions, and didn't deserve the massive salary she pulled in.

Bankman-Fried's bid to beat multiple federal fraud charges hinges on whether the jury believes he's a bumbling youth who was out of his depth or a mastermind who stole billions to make himself, his family, and his close friends wealthy beyond their wildest dreams.

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