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Nishad Singh is third person in founder’s inner circle agreeing to cooperate with federal prosecutors ... The collapse of FTX has set off the largest crypto-related bankruptcy ever ... Singh said that in mid-2022 he learned that Mr. Bankman-Fried’s crypto hedge fund Alameda Research was borrowing FTX customer funds. By September 2022, Alameda was no longer able to repay the billions of dollars that it had taken from FTX, Mr. Singh said. He said that, at the direction of Mr. Bankman-Fried, he falsified FTX’s revenues to make the company more appealing to investors. ... Mr. Singh also pleaded guilty to...

Caroline Ellison hired Stephanie Avakian and law firm WilmerHale to represent her in the FTX investigation, per Bloomberg. Avakian was a top regulator at the SEC, where she increased oversight of cryptocurrency. She also led major cases against companies including Tesla, Theranos, Facebook, and Wells Fargo, among others.

Old drug-related tweets posted by Caroline Ellison — the 28-year-old CEO of Alameda Research, the hedge fund linked to the downfall of FTX — are resurfacing as the cryptocurrency industry crumbles. In a 2021 tweet posted by Ellison, who is also the reported ex-girlfriend of FTX's disgraced founder, Sam Bankman-Fried, references regularly using amphetamines and how "dumb" the "non-medicated human experience" can be. Alameda Research filed for bankruptcy in early November along with other FTX Group-linked entities after failing to secure emergency funding. Although Bankman-Fried founded Alameda, Ellison has since emerged as an integral character in its demise. Her initial...

Disgraced Alameda Research CEO Caroline Ellison penned graphic blog posts about polyamory and masochism before the implosion of her FTX-linked cryptocurrency hedge fund. Ellison — who dated FTX founder Sam Bankman-Fried — wrote candidly about her “‘foray into poly” on her now-deleted Tumblr account back in February 2020, according to the Daily Mail. The post — along with a series of other sexualized entries — was unearthed by the tabloid just days after CoinDesk claimed Ellison, 28, and Bankman-Fried, 30, were part of a 10-person “cabal of roommates” that managed operations for FTX and Alameda from a luxury penthouse in...