Alameda Research News

Per Lookonchain, the diverse mix of transferred cryptocurrencies included Ethereum, Uniswap, Shiba Inu, and several others. The move follows prior transfers of substantial amounts from FTX to well-known exchanges. 

Firms FTX and Alameda transferred $10.8 million in cryptocurrency to the Wintermute, Binance and Coinbase exchanges. According to Spot On Chain, the companies — now under receivership — transferred $10.8 million in eight crypto assets: 10 million StepN (GMT) ($2.58…

Firms from Sam Bankman-Fried’s bankrupt empire, FTX and Alameda Research, reportedly transferred $24 million worth of crypto assets to the Kraken and OKX crypto exchanges. FTX‘s strategy to convert digital assets into cash was another attempt to stabilize its financial…

In a Nov. 6 report from Kaiko, a leading source of cryptocurrency market data, despite Bitcoin’s rally in October, the Alameda gap still exists one year after the FTX collapse.

Crypto lawyer John E. Deaton opined that Sam Bankman-Fried is most likely to spend multiple decades in prison after a 12-person jury unanimously found FTX’s founder guilty on all seven counts.

On Nov. 2, Jury deliberation began in United States v Bankman-Fried over fraud allegations, conspiracy, and money laundering charges linked to FTX and Alameda's collapse.

Attorneys for the government and defense delivered their closing arguments in United States v Sam Bankman-Fried, the trial over FTX’s multi-billion dollar collapse where prosecutors allege that the founder built his crypto empire atop a “pyramid of lies”.

Crypto assets totaling $13.6m were transferred from the accounts of FTX and Alameda Research to the Coinbase and Binance exchanges.

Sam Bankman-Fried’s testimony concluded on Oct. 31 as prosecutors outlined inconsistencies in his statements and defense lawyers pointed to erroneous management decisions taken by other executives like FTX co-founder Gary Wang and ex-Alameda Research CEO Caroline Ellison.

FTX’s founder stuck to his guns on who to blame for Alameda’s spending and use of customer funds during the third day of his testimony in United States v Sam Bankman-Fried.

This week saw Bitcoin (BTC) hit a new yearly high; Sam Bankman-Fried testifies; Gemini sues Genesis Global, Elon Musk has crypto plans and regulatory efforts resurface.

Former FTX CEO and Founder Bankman-Friend takes the stand today, blaming Caroline Ellison for poor management in Alameda and admitting to political donations from customer funds. 

FTX founder Sam Bankman-Fried testified before Judge Kaplan and a jury in a New York federal court claiming his team sometimes made decisions out of his purview and against his instructions.

United States v Sam Bankman-Fried continued its fourth week at trial with testimony from the FTX founder himself however, Judge Kaplan excused the jury until Oct. 27 to thrash out details of the defendants' statements.