LONDON, July 31, 2023- Sam Bankman-Fried, the CEO of the cryptocurrency exchange FTX, has surrendered Caroline Ellison’s personal writings to the court on July 27. Ellison is a former FTX employee who has accused Bankman-Fried of sexual harassment and discrimination.1
The writings, which reportedly include emails, text messages, and other documents that Ellison wrote about her experiences at FTX, were surrendered to the court today (July 27, 2023). The case is still ongoing.
Bankman-Fried’s decision to surrender the writings is seen as a significant development in the case. It is the first time that Ellison’s allegations have been corroborated by documents, and it could strengthen her case against Bankman-Fried and FTX.
Ellison filed a lawsuit against Bankman-Fried and FTX in December 2022, alleging that Bankman-Fried created a “toxic work environment” at FTX, and that he sexually harassed and discriminated against her. Bankman-Fried has denied all of the allegations.
Ellison is a former FTX executive who was responsible for the company’s compliance and legal departments. She left FTX in December 2022, shortly after filing the lawsuit.
The writings are likely to be seen as a sign of weakness by Bankman-Fried and FTX. The company has previously denied Ellison’s allegations, and it is now being forced to release documents that could support her claims.
It is unclear what the ultimate impact of the writings will be. However, they are likely to play a significant role in the case, and they could ultimately lead to a settlement or a judgment against Bankman-Fried and FTX.
- cryptoslate: https://cryptoslate.com/sam-bankman-fried-surrenders-caroline-ellisons-personal-writings-to-court/[↩]
