Sam Bankman-Fried, former CEO of FTX and co-founder, is facing seven criminal charges including wire fraud and money laundering. He has pleaded not guilty and claims his intentions with the cryptocurrency exchange platform, FTX, were misunderstood. He has also attempted to shift the blame for FTX’s collapse onto other executives, including Caroline Ellison, former CEO of Alameda Research and his on-and-off again girlfriend. Ellison pleaded guilty to fraud charges in December and is cooperating with investigators. She is expected to serve as a crucial witness in the ongoing criminal trial against Bankman-Fried.