Criminal ventures and financial incentives

Read “Caroline Ellison Gets Her Revenge on Sam Bankman-Fried” on SmartNews: https://l.smartnews.com/p-cx1ed/Pa2XlQ

When one criminal gets revenge on another criminal my readers, who wins?

“He directed me to commit these crimes,” she said.

Ellison further claimed that, at Bankman-Fried’s direction, she compiled misleading balance sheets that hid Alameda’s true risk profile from lenders. At the same time, she claimed, he worked to obscure his involvement with Alameda, hoping to avoid public relations issues if people came to realize the hedge fund was closely intertwined with FTX. (Ellison said that Bankman-Fried nonetheless remained the ultimate decision maker at Alameda.)