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In the upcoming fraud trial of Sam Bankman-Fried, the founder of FTX, Caroline Ellison, former CEO of Alameda Research and Bankman-Fried's former girlfriend, is set to be the star witness for the government prosecutors. Following the testimony of FTX co-founder Gary Wang, Ellison will reveal details about her ex-partner's alleged wrongdoing within FTX and Alameda. Her cooperation with prosecutors has been known for some time, but her testimony could provide the most incriminating insights yet into the operations of the cryptocurrency exchange and its closely linked hedge fund. Bankman-Fried's defense team is expected to portray Ellison in a negative light, emphasizing her alleged lack of confidence and poor business acumen. The leaked documents about her have resulted in Bankman-Fried's pre-trial imprisonment. The prosecution aims to expose the extensive financial misconduct of FTX and Alameda, arguing that the exchange and fund were run by reckless individuals who disregarded ethical business practices and their duties to clients. Ellison's previous statements during plea proceedings have already implicated Bankman-Fried in a fraud scheme that allegedly diverted $10 billion from clients. Bankman-Fried has pleaded not guilty to the seven counts of fraud and conspiracy charges.