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Star witness Caroline Ellison starts testimony at FTX founder Sam Bankman-Fried's trial

The trial of FTX founder Sam Bankman-Fried has taken a star turn as his former fellow top executive and ex-girlfriend Caroline Ellison began testifying against him

By KEN SWEET and LARRY NEUMEISTER
Published - Oct 10, 2023, 01:48 PM ET
Last Updated - Oct 10, 2023, 01:48 PM EDT

NEW YORK (AP) — The trial of FTX founder Sam Bankman-Fried took a star turn Tuesday as his former fellow top executive, Caroline Ellison, began testifying against him, immediately blaming her former boyfriend for directing her to commit crimes before his cryptocurrency empire collapsed last November.

Ellison’s highly anticipated turn on the witness stand in Manhattan federal court took place just moments before the trial broke for lunch.

When she was asked to identify Bankman-Fried in the courtroom, Ellison stood at the witness stand as she scanned the courtroom for a long minute, at first unable to find him, before gesturing his way with a flip of her hand and saying he was “over there wearing a suit.”

Bankman-Fried's appearance has changed dramatically in recent months as he has lost weight and trimmed his well-known wild coif into a tightly cropped look more traditional in the world of finance.

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