Ex-FTX exec in hot water over multi-million-dollar bonuses – lawsuit ...News

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Ex-FTX exec in hot water over multi-million-dollar bonuses – lawsuit
Caroline Ellison knew about massive cash issues at FTX but issued bonuses to herself, a court filing has alleged A former executive at the now-bankrupt crypto exchange FTX allegedly paid herself millions of dollars in bonus payments while aware of a major cash deficit at the exchange, according to a legal filing published on Thursday. Caroline Ellison (28) ran the crypto hedge fund Alameda Research, which was a subsidiary of FTX. She was an associate of former FTX chief executive Sam Bankman-Fried. According to Thursday’s filing with the Bankruptcy Court for the District of Delaware, Ellison caused Alameda, “throu

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