Caroline Ellison reports to federal prison to start sentence

Caroline Ellison, the former chief executive officer of Alameda Research, has begun her two-year prison sentence following her conviction related to the FTX crypto exchange collapse. Ellison, who reached a plea deal with U.S. prosecutors and served as the star…

110 +

Seized Alameda Funds On The Move: US Gov’t Shifts Additional Crypto Assets

The US government has swapped its ANT tokens for more liquid Ethereum ahead of a planned crypto phaseout. Related Reading: Did YouTuber MrBeast Make $23 Million From Crypto Scams? Shocking Allegations Emerge The government-controlled crypto wallet that holds nearly $974,000 worth of digital assets has, for the first time in almost 24 months, been activated, […]

202 +

Worldcoin sinks as Alameda Research offloads over 143k WLD tokens

According to blockchain analysis firm Spot On Chain, the bankrupt Alameda Research sent 143. 77k Worldcoin (WLD), worth approximately $297. 6k, to crypto exchange Binance early today. The transaction has raised eyebrows among enthusiasts, as the event signals increased selling momentum for WLD in the coming sessions.

90 +

FTX sues KuCoin to recover $50 million in withheld assets

Bankrupt crypto exchange FTX has filed a lawsuit to recover over $50 million in assets allegedly withheld by KuCoin, according to court documents filed on Oct. 28. The assets were reportedly held in a KuCoin account belonging to the now-defunct Alameda Research, which filed for Chapter 11 bankruptcy in November 2022.

87 +

US Regulators Crack Down On Crypto: $31.92 Billion In Major Settlements

The landscape of cryptocurrency in the US has been shaped by a series of high-profile enforcement actions, with regulators aggressively pursuing companies that have breached financial rules. The largest action to date was against FTX and its affiliate, Alameda Research, spearheaded by the Commodity Futures Trading Commission (CFTC). In August […]

128 +

Caroline Ellison sentenced to 2 years for role in FTX crypto fraud

Caroline Ellison, former CEO of Alameda Research, has been sentenced to two years in prison by District Judge Lewis A. Kaplan. Her involvement in the collapse of cryptocurrency exchange FTX and its affiliated hedge fund, Alameda Research, has been central…

141 +

US judge approves $12.7b settlement between FTX, Alameda and CFTC

The bankrupt crypto exchange FTX and its sister firm Alameda Research will pay nearly $13 billion to creditors, bringing an end to a months-long lawsuit filed by the CFTC. The defunct crypto exchange FTX alongside its trading firm Alameda Research…

40 +

FTX And Alameda Ramp Up Liquidations; Almost $100 Million In Assets Sold In Just One Month

414 +

Crypto Exchange Backpack Appoints Stripe, Banking Veteran as CFO

Backpack was founded by Armani Ferrante and Trian Yver, alums of defunct trading companies Alameda Research and bankrupt crypto exchange FTX respectively.

58 +

BlockFi Resolves Dispute With FTX And Alameda Research For Nearly $1 Billion

In a significant development, crypto lender BlockFi has reached an “in principle” agreement with the estates of bankrupt FTX and its trading arm Alameda Research to settle nearly $1 billion in claims.

176 +

FTX, Alameda reach settlement with crypto lender BlockFi, will pay up to $874m

FTX and Alameda have settled their disputes with BlockFi, agreeing to pay the firm up to $874 million, subject to court approval. Bankrupt crypto companies FTX and BlockFi have reportedly settled their disputes arising from their collapses in 2022 after…

195 +

Former FTX, Alameda staff close $17m investment for crypto exchange Backpack

VCs are backing a crypto startup led by former FTX and Alameda Research employees as part of a new crypto exchange.

195 +

Former FTX And Alameda Executives Launch New Crypto Exchange In The US

The collapse of FTX filled the crypto community with uncertainty and contributed to shaping the market in the following years. Since then, the crypto industry has seen better days, and newly launched projects have a healthier landscape to navigate.

198 +

New crypto exchange Backpack started by former FTX and Alameda execs

Crypto exchange Backpack established by ex-FTX, Alameda Research executives is now offering services to customers in several U.S. states. In an X thread on Feb. 21, crypto exchange Backpack announced it has started offering services to users from 11 U.S.…

65 +

Alameda Research’s Worldcoin holdings jump $50 million as WLD hits new peak

Alameda Research‘s holding in Worldcoin’s native token, WLD, has surged by over $50 million in the past day, thanks to the asset’s new all-time high. According to data from crypto analytics platform Arkham Intelligence, Alameda currently holds 25 million WLD tokens, valued at $186 million, constituting 33% of its portfolio worth.

82 +

How Actions by Celsius, FTX, Alameda Research, and Rising Token Unlocks May Trigger Crypto Sell-Off

Crypto market may face turbulence as bankrupt Celsius, FTX, and Alameda Research transfer millions to exchanges. Likewise, token unlocks add to the potential market impact. The post How Actions by Celsius, FTX, Alameda Research, and Rising Token Unlocks May Trigger Crypto Sell-Off appeared first on BeInCrypto.

313 +

FTX, Alameda move an additional $22m worth of crypto

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. 

322 +

Solana Is Up 520% In 1 Year: Why Is This Metric Worrying For Bulls?

Solana (SOL) has been soaring, looking at the performance in the daily chart. At spot rates, the coin is trading above $50, up 520% in the past year when it slipped below $8 following the collapse of FTX, a now-defunct crypto exchange, and Alameda Research, a trading wing linked with FTX and one of the leading crypto market makers.

376 +

FTX and Alameda transferred $24m in crypto Kraken and OKX

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…

204 +

Bitcoin Price Roaring, Why Is Liquidity Very Low And At Q4 2022 Levels?

The Bitcoin (BTC) price is roaring at spot rates, recently ripping above the July 2023 resistance level. The coin is at new 2023 highs, recovering after plunging in 2022. Part of the sharp sell-off, especially in November 2022, was because of the collapse of FTX and Alameda Research, the trading wing of the defunct crypto […]

389 +

Crypto News Site The Block Sealed In $50M Deal As Foresight Ventures Takes Charge

A recent Bloomberg report revealed that a Singapore-based investor, Foresight Ventures, is acquiring a majority stake in crypto news publication The Block.  According to Bloomberg, this move comes after a series of leadership changes within the company and a desire to “distance itself” from a former CEO’s association with “clandestine loans” from Sam Bankman-Fried’s Alameda […]

402 +

Singaporean VC firm Foresight Ventures buys 80% stake in The Block

Foresight Ventures, a Singapore-based investment firm, has bought a majority stake in crypto media company The Block, purchasing an 80% stake at $60 million. This strategic acquisition comes almost a year after the collapse of FTX and Alameda Research, from the latter of which The Block’s previous CEO, Mike McCaffrey, had borrowed several million dollars.

448 +

Former FTX, Alameda Executives to Start New Crypto Exchange: WSJ

Two former colleagues of recently convicted Sam Bankman-Fried are building a new crypto exchange, just days after their former CEO was found guilty on seven charges of fraud.

140 +

FTX lawsuit alleges Bybit used “VIP” privileges to withdraw $953M before collapse

FTX and Alameda bankruptcy advisers made allegations of fraud against crypto exchange Bybit, its two corporate affiliates, and four senior executives, in a lawsuit filed on Nov. 10. The lawsuit alleged that the defendants used a “fraudulent scheme” to withdraw cash and assets from the FTX platform, right before it collapsed.

396 +

FTX and Alameda Research sold $13.6m worth of crypto assets

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

260 +

FTX, Alameda Wallets Move More Than $13 Million in Crypto to Exchanges: Spotonchain

Just over $13 million in crypto were moved to Binance and Coinbase overnight, data from Spotonchain show.

252 +

FTX, Alameda Wallets Move More Than $78 Million in Crypto to Exchanges: Spotonchain

Just over $13 million in crypto were moved to Binance and Coinbase overnight, data from Spotonchain show.

87 +

Wallets Linked to FTX and Alameda Move Over $60 Million in Digital Assets: Nansen

Crypto wallets linked to bankrupt crypto empire FTX transferred more than $60 million during the past week. The post Wallets Linked to FTX and Alameda Move Over $60 Million in Digital Assets: Nansen appeared first on BeInCrypto.

258 +

FTX Founder Sam Bankman-Fried Admits Limited Cryptocurrency Knowledge During Fraud Trial

During the ongoing trial of Sam Bankman-Fried, co-founder of the now-defunct FTX crypto exchange, startling revelations have emerged regarding his understanding of cryptocurrency. FTX Co-Founder’s Shocking Testimony  According to live coverage of the trial by The Guardian, Bankman-Fried confessed to knowing “basically nothing” about cryptocurrency before launching FTX and its affiliated hedge fund, Alameda Research. […]

256 +

Lawyer questions Sam Bankman-Fried on his political donations at trial

The former FTX CEO reportedly said the donations made in his name came from “loans from Alameda Research” as part of efforts to influence U.S. regulations on crypto.

1932 +

Sam Bankman-Fried Throws Caroline Ellison Under Bus in Testimony

The former crypto billionaire's lawyer focused on trying to spin prosecutors' narrative about FTX and Alameda Research's collapse in a way more favorable to SBF.

85 +

FTX And Alameda Research Sell $13.35 Million Of Assets, What’s Their Strategy?

Addresses related to FTX, the bankrupt crypto exchange, and Alameda Research, the trading wing associated with the exchange, have cumulatively transferred $13. 35 million of assets to Binance, a crypto exchange via Wintermute Trading, over the last 24 hours.

148 +

FTX and Alameda linked wallets transfer $10M of crypto to exchanges in just 5 hours

According to Spot On Chain data, the firms sent $10 million worth of crypto to a single wallet address, which then deposited the funds to Binance and Coinbase.

674 +

Millions in Ether, Chainlink Linked to FTX and Alameda Moved

These funds seemed to be sent to wallets of crypto exchange Binance as per Nansen data, where they presumably could be sold.

158 +

Alameda Makes Enormous $10 Million Crypto Transfer: LINK, ETH and More Gone

Alameda-related wallets are not stopping and making transactions continuously

253 +

FTX, Alameda addresses move $10m to exchanges

FTX and its sister platform, Alameda Research, have recently transferred $10 million worth of crypto assets to Coinbase, Binance and Wintermute. These transfers came from three addresses associated with FTX and Alameda, with the funds consolidated into one central address.…

318 +

Here's Why Sam Bankman-Fried's Leaked Chat Causes Concerns

Leaked chats between FTX's founder and Alameda's CEO reveal shocking behind-the-scenes discussions during crypto giant's downfall

138 +

SBF trial day 12: FTX founder misled in-house lawyers on Alameda; use of customer funds

Prosecutors called FTX general counsel Can Sun to the stand following financial forensics and evidence of internal communications potentially implicating Sam Bankman-Fried in criminal wrongdoing at his crypto exchange and trading firm, Alameda Research.

316 +

SBF trial day 10: Judge Kaplan hints at early November conclusion

United States v Sam Bankman-Fried reopened on Oct. 17 with further testimony from Nishad Singh, former Alameda and FTX's chief developer, who says he felt intimidated by the defendant and disagreed with large spending decisions funded with customer crypto.

200 +

The Sam Bankman-Fried Trial Is Revealing Crypto's Amateur-Hour Ways

Paradigm, BlockFi, Genesis and other companies did not have access to audited financial statements prior to investing or loaning billions to FTX, FTX. US. and Alameda Research, according to testimonies given in the trial of Sam Bankman-Fried.

91 +

SBF Trial: FTX Exec Felt ‘Suicidal’ in Crypto Exchange’s Final Days

Nishad Singh told a jury on Monday that his September meeting with Bankman-Fired was the first time he realized that Alameda, FTX’s sister trading firm, had spent billions of dollars of FTX user deposits, and had left a gaping hole in both companies’ balance sheets.

197 +

BlockFi CEO’s Key Testimony: Insights Into Alameda’s Financial Stability In FTX Trial

The trial against FTX co-founder Sam Bankman-Fried took an intriguing turn as Zac Prince, the CEO of defunct crypto lender BlockFi, provided testimony in a Manhattan federal courtroom.   Prince’s appearance provided valuable insights into the intricate relationship between BlockFi, FTX, and Alameda Research.

372 +

SBF Trial: Crypto Lender BlockFi Believed Alameda Was Solvent Given Balance Sheet It Was Shown, CEO Testifies

BlockFi lost “a little over a billion dollars” due to its involvement with FTX and Alameda Research, Zac Prince said.

159 +

SBF trial day 8: BlockFi’s Zac Prince blames FTX and Alameda for lender’s downfall

The second week of Sam Bankman-Fried’s criminal trial for fraud concluded with witness testimony from Zac Prince, whose crypto lending firm BlockFi loaned $1.1 billion to Alameda before FTX’s collapse.

312 +

SBF trial day 7: FTX lost $100m in Terra/UST crash

Defense attorney Mark Cohen cross-examined former Alameda Research CEO Caroline Ellison after the witness said Sam Bankman-Fried cajoled her into making misleading social media statements and ordered loan repayments funded with stolen customer crypto.

309 +

The Craziest Stories About FTX, SBF And Caroline Ellison: Unbelievable But True

The ongoing trial against Sam Bankman-Fried (SBF), former founder of the FTX crypto exchange, coupled with the testimonies of Caroline Ellison, the ex-CEO of Alameda Research and his former romantic partner, has unveiled a slew of crazy stories and intrigues.

371 +

Alameda Lost Nearly $200M to Phishing Attacks, Ex-Engineer Says

Lax security practices seemed to be a feature of the former crypto trading titan.

168 +

Alameda Research Accused Of Bribing Chinese Officials To Recover $1 Billion In Exchange Accounts

During the trial of Sam Bankman-Fried, the founder of crypto exchange FTX, shocking revelations emerged from the testimony of former Alameda Research CEO Caroline Ellison.   According to a TechCrunch report, Ellison testified that the crypto trading firm paid Chinese officials to unlock their Alameda trading accounts on OKX and Huobi in China.

317 +

No Love For FTX: Ex-Girlfriend Delivers Scathing Testimony Against Sam Bankman-Fried

The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), resumed on October 10. As expected, the prosecution called Alameda Research’s ex-CEO and SBF’s ex-girlfriend, Caroline Ellison, to testify against the defendant.

153 +