Aditya Baradwaj Reveals the Moment FTX Cryptocurrency Empire Crumbled
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Aditya Baradwaj recalls the defining moment when Sam Bankman-Fried’s FTX cryptocurrency empire collapsed, while highlighting the significance of a meeting with Caroline Ellison, the CEO of Alameda Research. This crucial disclosure is expected to play a pivotal role in Bankman-Fried’s upcoming federal trial. Baradwaj vividly recounts the atmosphere in the office as they realized the company was likely bankrupt. The discovery was followed by a tearful all-hands meeting, where Ellison apologized and discussed the winding down of Alameda Research. Baradwaj, equipped with new revelations, decided to leave Hong Kong and escape the fallout. Meanwhile, indications of financial trouble at FTX had surfaced earlier, triggering a series of urgent messages from Ellison. Baradwaj, who previously held a positive view of Ellison, now firmly believes in Bankman-Fried’s guilt based on her confession.
Tags: Aditya Baradwaj, FTX cryptocurrency empire, Sam Bankman-Fried, cryptocurrency, bankruptcy, Alameda Research, Caroline Ellison, federal trial, customer funds, financial trouble, securities fraud, money laundering, confession
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