Caroline Ellison, the ex-girlfriend of Sam Bankman-Fried, concluded her testimony in the trial on Thursday. Over the course of three days, she was questioned about her company’s accounting practices. Ellison revealed that Alameda had engaged with several accounting firms in 2021 and 2022, but none of them were able or willing to handle the task after reviewing the company’s books. Initially, former FTX Digital Markets CEO Ryan Salame had prepared Alameda’s balance sheets, but Ellison eventually took over this responsibility. The company’s financials have become a focal point in Bankman-Fried’s downfall. A CoinDesk article published in November 2022, which disclosed Alameda’s confidential balance sheet, raised doubts about the viability of both Alameda and FTX.

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Information	Details
Geography	Global
Countries
Sentiment	neutral
Relevance Score	1
People	Ryan Salame, Mark Cohen, Caroline Ellison, Sam Bankman-Fried
Companies	CoinDesk, FTX, Alameda
Currencies	None
Securities	None