Former Alameda CEO Confirms Company Borrowed Billions From FTX Customer Deposits In Plea Deal
According to court documents, Caroline Ellison says she and SBF signed "materially misleading financial statements" for Alameda lenders , knowing that it was illegal.
![Former Alameda CEO confirms that firm borrowed billions from FTX customer deposits as part of plea deal](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2022-12/f06880b9-1408-445f-a0e6-ee7bc03b1bee.jpg)
![Former Alameda CEO Confirms Company Borrowed Billions From FTX Customer Deposits In Plea Deal](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvZjA2ODgwYjktMTQwOC00NDVmLWEwZTYtZWU3YmMwM2IxYmVlLmpwZw==.jpg?#)
According to court documents, Caroline Ellison says she and SBF signed "materially misleading financial statements" for Alameda lenders , knowing that it was illegal.
![Former Alameda CEO confirms that firm borrowed billions from FTX customer deposits as part of plea deal](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2022-12/f06880b9-1408-445f-a0e6-ee7bc03b1bee.jpg)
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