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Caroline Ellison: Sam Bankman-Fried Thought He Might Become President

QUITE THE OPPOSITE

Some observers at the FTX founder’s trial couldn’t help but laugh.

Sam Bankman-Fried leaving a Manhattan court in early 2023.
REUTERS/Shannon Stapleton

Caroline Ellison held nothing back on Tuesday while testifying against her former boss and ex-boyfriend, Sam Bankman-Fried, in Manhattan district court. Her recollection of their conversations depicted the FTX founder as a risk junkie with a giant ego. At one point, she recounted, he claimed that he had a five percent chance of one day becoming president of the United States. Some observers gathered in an overflow room at the courthouse couldn’t help but laugh.

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