Alameda Research’s former executive was sentenced to two years in prison after the attorney’s office pleaded with the court. Caroline Ellison was found “highly culpable” for the crimes, but her…
Browsing: Alameda Research
A New York judge has approved a $12.7 billion settlement for FTX and Alameda Research creditors, ending a 20-month lawsuit with the CFTC. FTX’s proposed reorganization plan includes a 118%…
FTX and its affiliate Alameda Research have liquidated a significant portion of their cryptocurrency assets, totaling $98 million in April. FTX creditors are expressing discontent with the proposed plan while…
Sam Bankman-Fried is reported to have filed a settlement agreement to assist FTX customers go after celebrity promoters. Some of these promoters have already contributed to a common fund of…
The founder of FTX exchange and Alameda Research, Sam Bankman-Fried, has been sentenced to 25 years in prison with a three-year supervised release. However, some crypto enthusiasts have expressed their…
Sam Bankman-Fried (SBF), the co-founder of FTX, addressed the allegations of fraudulent fund transfers during his court testimony, emphasizing that he made mistakes but did not commit fraud. SBF distanced…
Judge Kaplan weighs jury instructions in Sam Bankman-Fried’s trial, with defense and prosecution differing on how to guide jurors. Former FTX counsel reveals Bankman-Fried’s request for “legal justifications” amid missing…
Sam Bankman-Fried of FTX has in a latest report been accused of sanctioning Alameda Research’s CEO to commit fraud. According to Caroline Ellison, SBF set up a system to make…
Sam Bankman-Fried of FTX is facing a fraud trial with serious allegations concerning misuse of user assets. Caroline Ellison’s upcoming testimony could be a deciding factor in the case, offering…
An amount of $5.5 million sent from FTX to Stanford University as a donation for pandemic-related prevention and research is set to be returned. FTX’S Sam Bankman-Fried allegedly purchased a…
FTX is set to liquidate $3.4 billion in crypto, causing fears of a possible sharp decline in asset prices. However, the court has suggested the exchange liquidate a maximum of…
New Memecoin BALD has rugpulled, days after its launch. Sam Bankman-Fried (SBF) is the prime suspect behind this project. A recent rumor has suggested that embattled billionaire Sam Bankman-Fried (SBF)…
The latest report discloses that FTX owes its customers $8.7 billion, and senior executives were aware of and concealed the information. According to the report, $7 billion in liquid assets…
By 2018 Spring, the trading firm’s losses had reached 65 percent of its assets, and it was left with $30 million worth of assets, per a WSJ report. Bankman-Fried’s grace…
On-chain data shows that Ethereum-based assets were added from several wallets and kept in two wallets before the firm later exchanged these assets for Tether’s USDT stablecoins. Arkham intelligence data…
Sam Bankman-Fried is said to be currently under medical supervision as his condition and dietary needs are being accessed. Rep. Ritchie Torres (D-N.Y.), Rep. Ritchie Torres (D-N.Y.) has labeled SBF…
Analysts reveal their fears concerning the level of exposure Tether has to the FTX’s crash. Meanwhile, Tether has released a blog statement explaining how the failure of Alameda Research doesn’t…
The number of USDT stablecoin that Tether released in the market has jumped by 72x in the last four years. A majority of the issuance happened over the last two…