The former co-CEO of Alameda Research and a co-founder of FTX research have both pleaded guilty to multiple charges of fraud.
This places even more pressure on former FTX founder Sam Bankman-Fried after he was arrested and released on a $250m bond.
US correspondent Chris Jones has the latest.
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http://www.fsnradionews.com/feeds/1223-FTXEllison-CJ-generic.mp3