Caroline Ellison, the former CEO of Alameda Research, has testified against her ex-boyfriend and former FTX CEO, Sam Bankman-Fried (SBF), revealing his attempts to unlock frozen funds. According to Ellison, SBF initially tried to use accounts belonging to Thai prostitutes to retrieve the funds, but when that failed, he resorted to bribing Chinese officials with $100 million. The frozen assets were part of a money laundering investigation into an Alameda counterparty. SBF currently faces fraud charges and more revelations of misconduct are expected to emerge during his trial.

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Information	Details
Geography	Asia
Countries	🇨🇳 🇹🇭
Sentiment	negative
Relevance Score	1
People	Sam Trabucco, Sam Bankman-Fried, David Ma, Caroline Ellison, Laura Shin
Companies	Alameda Research, FTX, OKX, Huobi
Currencies	None
Securities	None