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Sam Bankman-Fried, FTX Misled Investors, Lent Billions to Alameda, Caroline Ellison Says

Caroline Ellison, former chief executive of trading firm Alameda Research, told a federal judge last week that she agreed with executives of FTX, including former CEO Sam Bankman-Fried, to mislead lenders and customers on how much Alameda was borrowing from the now-bankrupt exchange.

(By TIMMY SHEN)

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