And like Ellison, Wang also entered into a plea agreement with the government, agreed to cooperate with prosecutors and agents, and agreed to testify if called as a witness.Īdditionally expected to testify in the government’s case against Bankman-Fried is another company insider, inner circle member, and co-conspirator, Nishad Singh, who was Head of Engineering at FTX. Like Ellison, Wang also pleaded guilty to a superseding information, in his case charging him with conspiracy to commit wire fraud on customers, wire fraud on customers, conspiracy to commit commodities fraud, and conspiracy to commit securities fraud. As of this writing, another government witness, Gary Wang, who co-founded FTX with Bankman-Fried and was Chief Technology Officer at FTX, is in the middle of his testimony. And Ellison is not the only company insider, inner circle member, and co-conspirator who will testify. It cannot be overstated that the government is not calling Ellison as a witness because she is a former girlfriend of Bankman-Fried, but because she was CEO of Alameda Research, a company insider, a member of Bankman-Fried’s so-called inner circle, and co-conspirator.

Getty Images Ellison Is Not The Only Witness With Insider Testimony

developer Adam Yedidia leaves after testifying during the trial of former FTX CEO Sam Bankman-Fried at Manhattan Federal Court on Octoin New York City.

Bankman-Fried's trial features testimony from a number of colleagues and other insiders.

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