Caroline Ellison tells court that Sam Bankman-Fried wanted to buy Snapchat: reports

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Former FTX CEO SBF reportedly wanted to acquire the parent company of Snapchat, former Alameda Research CEO Caroline Ellison said.

Former FTX CEO Sam Bankman-Fried reportedly wanted to acquire the parent company of Snapchat, former Alameda Research CEO Caroline Ellison told the court on Wednesday.

Ellison also added to the list “getting regulators to crack down on binance,” according to those reports. Bankman-Fried and Binance CEO Changpeng Zhao had a long public rivalry, with Binance accusing the former FTX CEO of spreading rumors ahead of FTX’s collapse.

 

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