Tag: alameda research

Summary: The trading company founded by Sam Bankman-Fried hopes to recover repaid loans from bankrupt Voyager Digital. FTX lawyers filed the lawsuit on behalf of Alameda to recover around $445.6 million for creditors of the sunken crypto exchange. The court document accused Voyager of gross misconduct and lending customer funds to entities like Three Arrows Capital with no due diligence. FTX sister firm...

The messy FTX narrative took an intriguing turn on Tuesday when FTX's sibling firm, Alameda Research, slapped another bankrupt cryptocurrency lender, Voyager Digital, with a lawsuit. Reuters reports that Alameda is attempting to recover approximately $446 million given to Voyager prior to its...

As per the reports, on Monday, bankrupt cryptocurrency exchange FTX filed a lawsuit against crypto lender...

Blockchain security firm PeckShield identified three wallets that converted 63,860 staked Ethereum (stETH) — roughly $90 million — to Ethereum (ETH) when the stETH/ETH peg dropped to a monthly low between May 2022 and June 2022. The firm said the three wallets withdrew the stETH from FTX, converted it to ETH, and then transferred the funds back to the exchange. It...

The situation at BlockFi could be worse than it appears. What Happened: Bankrupt crypto lender BlockFi mistakenly uploaded unredacted documents, revealing its $1.2 billion exposure to FTX and Alameda Research, according to a...

Bankrupt crypto lending platform, BlockFi has mistakenly uploaded uncensored financials, revealing a $1.2 billion exposure to now-collapsed FTX and Alameda Research, two companies owned by Sam Bankman-Fried.

BlockFi's $1.2 Billion Exposure to FTX...

According to financial data which was mistakenly uploaded on Tuesday without alteration reveals that bankrupt crypto lender BlockFi has more than $1.2 billion linked to SBF’s...

Moonstone Bank, is rebranding itself, getting out of crypto and refocusing on its original customer base. The Farmington, Washington-based Moonstone Bank has declared its withdrawal from the speculative cryptocurrency market and any associated "innovation-driven" business strategies. According to a press announcement issued on Jan. 19, it was also returning to its previous name of Farmington […] The post...

Hours after news broke out that DCG's crypto trading subsidiary Genesis is planning to...

Former FTX CEO Sam Bankman-Fried has resurfaced on Substack, making a series of claims about the state of FTX and Alameda’s balance sheet before it filed for bankruptcy. In a blog post on Thursday, Bankman-Fried said that FTX had roughly $8...

Summary: The FTX founder published a pre-mortem report claiming Alameda Research was the victim of a coordinated attack. Sam Bankman-Fried said he believes FTX US is solvent and holds over $350 million in net cash to repay customers if the platform was rebooted today. U.S. prosecutors charged SBF with fraud and money laundering in the billion-dollar crash of his Bahamas- based crypto exchange. Disgraced...

FTX clawed back $5 billion in crypto, cash, and securities say lawyers during a bankruptcy hearing on Wednesday.

Sam Bankman-Frieds partners in crime, Alameda CEO Caroline Ellison and FTX co- founder Gary Wang, are both cooperating with the U.S. Department of Justice. $250,000 Bail for Full Cooperation Caroline Ellison...

FTX Founder Sam Bankman-Fried told Nishad Singh to divert Alameda liabilities to FTX to a weird Korean account, per CFTC filings.

BitGo CEO Mike Belshe revealed that the firm declined Alameda Research’s request to redeem 3,000 Wrapped Bitcoin (WBTC) a few days before its bankruptcy in a Dec. 14 Twitter space....

FTX co-CEO Ryan Salame tipped off Bahamian regulators on Nov. 9 that the exchange was sending its customers' funds to Alameda Research, according to a Dec. 14 court filing. Salame told the Securities Commission of the Bahamas (SCB) that only three people could make such transfers. These people included FTX founder Sam Bankman-Fried, co-founder Zixiao "Gary"...

Things are not looking good for Sam Bankman-Fried ahead of Christmas. Well, what's there to be excited about when spending the Yuletide season behind bars now becomes a reality? Bankman-Fried, the brains behind the defunct cryptocurrency exchange FTX, was detained in The Bahamas on Tuesday, Bitcoinist reported. One day after he was collared, the...

The current CEO of FTX, John Ray, has provided key insights into the workings of the bankrupt exchange during his congressional testimony.

Summary: Prosecutors from the Southern District of New York filed criminal charges against Sam Bankman-Fried on Tuesday. The unseal indictment order detailed eight counts including fraud, conspiracy, and violation of U.S. Campaign Finance Laws. Other authorities like the CFTC and SEC filed charges against Bankman-Fried following his arrest by Bahamian law enforcement. The United States of America charged FTX Founder Sam Bankman-Fried on...

The FTX founder has found himself in a whirlwind of federal indictments today, with the Securities And Exchange Commission charging...