Best Crypto to Buy Now October 10 – Tezos, Cosmos, XDC Network
New details came to light on October 10 in the ongoing trial of former FTX CEO Sam Bankman-Fried. Caroline Ellison, Bankman-Fried's ex-girlfriend and former head of affiliated firm Alameda Research, took the stand to deliver key testimony for the prosecution.
With the latest development in Bankman-Fried's case, what is the best crypto to buy now?
In her statements to the court, Ellison admitted to criminal actions during her leadership of Alameda. Crucially, she also directly implicated Bankman-Fried in systematically misusing billions of dollars in FTX customer funds.
According to accounts, Ellison claimed Bankman-Fried "set up the systems" that enabled Alameda to improperly divert customer assets from FTX to Alameda's investment activities. She stated that under Bankman-Fried's direction, Alameda "took several billions of dollars from FTX customers."
Ellison's testimony provides critical backing for the prosecution's charges of fraud against Bankman-Fried. Her statements portray him as the driving force behind Alameda's alleged misuse of customer funds, while she cooperated in misleading actions.
FTX collapsed in November 2022. Bankman-Fried faces seven criminal charges related to the alleged fraud scheme. He pleaded not guilty on all counts.
Ellison was among the first insiders to plead guilty and agree to testify for authorities. As the trial continues, it's uncertain whether Bankman-Fried himself will take the stand to rebut her account.
While the FTX drama continues in the courts, crypto investors seeking opportunities might want to consider researching Tezos, Bitcoin Minetrix, Cosmos, Meme Kombat, and XDC Network.
These cryptocurrencies are currently staking their claim as the best to buy now, thanks to their strong
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