Caroline Ellison admits to stealing billions of dollars from FTX customers

Caroline Ellison, the former CEO of Alameda Research, has admitted to deliberately deceiving lenders about loan amounts they took from FTX, along with co-founder Sam Bankman-Fried.

246 +

Alameda’s Caroline Ellison and FTX’s Gary Wang hit with additional fraud charges

Arrested crypto billionaire Sam Bankman-Fried’s former entourage faces additional charges by key U.S. government agencies.

163 +

Silvergate Capital Slapped With Lawsuit Over Ties With FTX And Alameda

Several events are still unfolding following the collapse of FTX crypto exchange. The contagion from the exchange’s sudden collapse created panic among other crypto companies, especially those with exposure to the Sam Bankman-fried led exchange.

240 +

“A Deliberate Move” — Shark Tank Star Kevin O’Leary Blames Binance For FTX Collapse

259 +

FTX Bahamas co-CEO Ryan Salame blew the whistle on FTX and Sam Bankman-Fried

Court filings show Ryan Salame tipped off the Bahaman securities regulator, telling them that FTX was sending customer funds to Alameda Research.

285 +

Bankman-Fried Lawsuits Expose FTX's 'Special Treatment' of Alameda Research

Sam Bankman-Fried’s “personal piggy bank” Alameda Research was deeply intertwined with his exchange, FTX.

307 +

FTX’s inner circle allegedly had a chat group called ‘Wirefraud’

FTX and Alameda Research top executives purportedly exchanged secret information in a Signal encrypted chat group called “Wirefraud.” According to a Dec. 12 report by the Australian Financial Review, FTX co-founder and CEO Sam Bankman-Fried, co-founder Zixiao “Gary” Wang, FTX…

338 +

FTX hearing: US lawmakers criticize use of Quickbooks, creepy dough, and 'conscientious stupidity'

Some members of the U.S. House of Representatives questioned whether Sam Bankman-Fried’s actions at FTX and Alameda may have been willful or due to gross incompetence.

194 +

CFTC files lawsuit against Sam Bankman-Fried, FTX, and Alameda for fraud

According to the federal regulator, SBF and FTX companies "used FTX customer funds for a variety of personal expenditures" including real estate and private jets.

124 +

Bankman-Fried arrested, what happens now? And where are Caroline Ellison and Sam Trabucco?

Key Takeaways Sam Bankman-Fried has been arrested in the Bahamas and faces extradition to US Alameda CEO Caroline Ellison was reportedly spotted in New York Former CEO Sam Trabucco resigned in August and has largely avoided the same levels of scrutiny as the other two   Oh, Sam.

257 +

CFTC Sues Sam Bankman-Fried, Alameda Research for Fraud

The filing says Bankman-Fried misrepresented the health of his companies, impacting the price of bitcoin and ether.

199 +

SEC charges SBF with defrauding investors

SEC states Sam Bankman-Fried “concealed his diversion of FTX customers’ funds to crypto trading firm Alameda Research while raising more than $1. 8 billion from investors The Securities and Exchange Commission on December 13, charge SBF with “orchestrating a scheme to defraud equity investors in FTX Trading Ltd (FTX)” Since May, 2019, FTX raised over $1.

321 +

10 Questions for FTX CEO John J. Ray III From a Securities Lawyer

In his recent media tour, disgraced founder Sam Bankman-Fried claims he did not commit fraud. Someone that still has access to FTX and Alameda Research’s accounts could prove otherwise.

279 +

Revealed: Sam Bankman-Fried Secretly Loaned Crypto News Site The Block And Its CEO $43 Million

The FTX debacle keeps taking unexpected turns. A bombshell report has revealed that Sam Bankman-Fried’s Alameda Research secretly provided The Block and its ex-CEO, Michael McCaffrey, with at least $43 million in funding over the past year and a half.

272 +

The Block CEO resigns after failing to disclose $43 million in personal loans from Alameda Research

Crypto news outlet The Block’s CEO Michael McCaffrey has resigned after failing to disclose a series of loans from Alameda Research – a company linked to former FTX head Sam Bankman-Fried (SBF).

111 +

The Block CEO resigns after failing to disclose $27 million in personal loans from Alameda Research

Crypto news outlet The Block’s CEO Michael McCaffrey has resigned after failing to disclose a series of loans from Alameda Research – a company linked to former FTX head Sam Bankman-Fried (SBF).

228 +

CEO of crypto news site The Block resigns for failing to disclose $27M loans from Alameda Research

New CEO Bobby Moran said there was no evidence that Mike McCaffrey had "improperly" influenced coverage of Sam Bankman-Fried, FTX, or Alameda Research on the news site.

229 +

Crypto News Outlet The Block Was Secretly Funded By Alameda Research

The news outlet has confirmed that The Block’s CEO received undisclosed funding from Sam Bankman-Fried’s hedge fund.

239 +

Sam Bankman-Fried’s Alameda Research Secretly Funded Crypto Media Site The Block and Its CEO

CEO Michael McCaffrey has resigned as a result of the loans coming to light, The Block confirmed.

110 +

Do Kwon Says Alameda Instigated Terra’s Downfall – Suggests FTX’s Collapse Is Deserved

155 +

First Mover Asia: Here’s What Might Happen to Sino Global’s Liquid Value Fund During FTX’s Bankruptcy Protection Proceedings

Crypto Twitter wanted to know the potential consequences of having Alameda and Sam Bankman-Fried as partners in a fund. So we asked a Hong Kong-based lawyer who specializes in asset tracing and recovery; bitcoin dips but not much.

264 +

Alameda Investment Portfolio Discloses Dubious Dealings That Include a Strawberry Farm

More light has been shed on where Alameda and Sam Bankman-Fried doled out billions of dollars. The dubious investment portfolio has raised eyebrows among the crypto community. The post Alameda Investment Portfolio Discloses Dubious Dealings That Include a Strawberry Farm appeared first on BeInCrypto.

216 +

Former FTX CEO May Have Influenced Alameda Research to Invest $1.15B in Mining Firm Genesis Digital

Coinspeaker Former FTX CEO May Have Influenced Alameda Research to Invest $1. 15B in Mining Firm Genesis Digital Alameda consulted troubled entrepreneur Sam Bankman-Fried before investing in Genesis Digital.

261 +

SBF Says FTX Customers Deposited Around $5B Into Alameda-Controlled Account

Sam Bankman-Fried could not explain how customer funds went missing at Alameda. He also revealed the firm enjoyed privileges with FTX. The post SBF Says FTX Customers Deposited Around $5B Into Alameda-Controlled Account appeared first on BeInCrypto.

232 +

Alameda Research invested $1.15B in crypto miner Genesis Digital: Report

Sam Bankman-Fried was consulted on the capital injection, which was made before crypto prices plummeted.

137 +

Did SBF Admit to Fraud Over Speculation of Mishandling Users’ Funds? 

Details remain unclear, but Sam Bankman-Fried (SBF) may have unintentionally admitted to fraud during a recent live Twitter space. Now, a 'whistleblower' is claiming to know more about FTX and Alameda Research were manipulating the market.

299 +

Sam Bankman-Fried to New York Times: “I Wasn’t Running Alameda”

Former FTX CEO Sam Bankman-Fried took part in an interview today with the New York Times today during the publication’s DealBook Summit. On FTX’s Ties to Alameda During the conversation,...

134 +

SBF Debunking Tales: “Illiquidity Didn’t Cause the Crash” to ‘Dark’ Political Donations

Sam Bankman-Fried (SBF), the former founder of the bankrupt exchange FTX, shed light on different narratives in a phone interview. Talks about bankruptcy, the alleged “backdoor,” FTX User Funds on Alameda, an $8 billion hole The post SBF Debunking Tales: “Illiquidity Didn’t Cause the Crash” to ‘Dark’ Political Donations appeared first on BeInCrypto.

313 +

Sam Bankman-Fried, Larry Fink, Janet Yellen, Mark Zuckerberg to speak at NYT Summit

Corporate media outlets such as the New York Times have already been accused of whitewashing Bankman-role Fried’s in the dramatic downfall of FTX and Alameda to prop up Bankman-reputation unfairly.

318 +

FTX-Affiliated Alameda’s Former Co-Chief Traded Company’s Assets Using Poker Strategies

Former co-CEO of Alameda’s poker strategies he used in crypto trading likely destroyed FTX and Sam Bankman-Fried

230 +

Who Is Gary Wang, the Mysterious Co-Founder of FTX and Alameda?

Not much is known about Bankman-Fried’s close confidant – the co-founder of both FTX and Alameda Research.

125 +

Alameda Research reportedly loaned $3.3 billion to SBF

A continuous controversy has gone darker with time. More information has been revealed through FTX’s bankruptcy filing that Alameda Research loaned $3. 3 billion to Sam Bankman-Fried, the FTX founder.

204 +

FTX Affiliate Alameda Research Loaned $4.1B to Related Parties – Including $1B to Sam Bankman-Fried

A bankruptcy filing shows Alameda Research lent $1 billion to Sam Bankman-Fried, former CEO of FTX

171 +

FTX bankruptcy court filing reveals Alameda gave $1.6B in loans to SBF, others

A November 17 court filing from new FTX CEO officer John Ray III revealed that the former CEO of the bankrupt crypto exchange Sam Bankman-Fried got $1 billion in personal loans from Alameda Research.

193 +

SBF received $1B in personal loans from Alameda: FTX bankruptcy filing

A fresh bankruptcy filing from FTX chief restructuring officer John Ray III highlights that Sam Bankman-Fried received $1 billion in loans from FTX-related silo companies.

98 +

SBF, Alameda executives to testify on FTX collapse

Sam Bankman-Fried and several other executives will be asked to testify at an upcoming House Financial Services Committee hearing on the collapse of the FTX cryptocurrency exchange.   The exchange’s implosion has contributed to its native FTX token dumping by more than 90% in the past two weeks.

237 +

Sam Bankman-Fried’s Unceremonious Exit Leaves ‘Alameda Gap’ in Crypto Markets

The fall of a big player in the crypto trading sector has created a domino effect: lack of liquidity, according to a new report from Kaiko Research.

165 +

FTX Fraud: Who Are Sam Bankman-Fried’s Biggest Victims?

FTX and its affiliated trading firm Alameda Research have been exposed. A November 2CoinDeskarticle revealing Alamedas troubled finances put a series of events in motion that eventually exposed FTX as...

316 +

FTX tried to ‘buy time’ with Voyager and BlockFi bids, Lumida CEO says

FTX’s acquisition of creditors was a ploy to buy time and slow down a margin call, Ram Ahluwalia, the CEO of crypto-native investment advisor Lumida Wealth Management says. Sam Bankman-Fried’s FTX, Alameda and over 100 affiliate companies filed for bankruptcy last week, a development that shocked the crypto world and helped train the regulatory flood […] The post FTX tried to ‘buy time’ with Voyager and BlockFi bids, Lumida CEO says appeared first on Invezz.

298 +

Alameda ‘secretly’ traded billions of FTX customer funds: Report

Alameda Research, an FTX-affiliated quantitative crypto trading platform co-founded by Sam Bankman-Fried in 2017, allegedly used funds belonging to FTX users to trade, sources say. The crypto news is the latest installment in the shocking developments at FTX this past week.

204 +

FTX Hack Sparks Revolution at Serum DEX as Solana Devs Plot Alameda's Ouster

Developers are scrambling to create a new version of the on-chain liquidity hub that has no ties to Sam Bankman-Fried’s burning empire.

238 +

Was FTX hacked? Deep dive reveals “backdoor” built into accounting software

Late on Friday evening, it has since been confirmed that a total of around $10 billion was moved from FTX to Alameda Research by FTX founder Sam Bankman-Fried (SBF). The post Was FTX hacked? Deep dive reveals “backdoor” built into accounting software appeared first on CryptoSlate.

242 +

FTX files for bankruptcy protection, CEO Sam Bankman-Fried steps down

FTX, Alameda, and 130 affiliated companies have commenced voluntary proceedings under Chapter 11 of the United States Bankruptcy Code. Sam Bankman-Fried has resigned from his role as Chief Executive Officer.

218 +

How Sam Bankman-Fried’s ‘Effective’ Altruism Blew Up FTX

The Alameda Research and FTX founder believed he had singular insight into how to fix the world's problems. Instead, he wound up exemplifying them.

207 +

FTX, FTX US and Alameda will file for Chapter 11 bankruptcy in US; SBF resigns

FTX CEO Sam Bankman-Fried has resigned from his position but will “remain to assist in an orderly transition” before being succeeded by John Ray.

159 +

FTX Files for Bankruptcy Protection in US; CEO Bankman-Fried Resigns

A bankruptcy filing attributed to Alameda Research estimates the company has $10 billion to $50 billion in liabilities.

141 +

First Mover Asia: Possible Legal Filings Could Clarify FTX’s Relationship to Alameda; Bitcoin Hovers Near $17K

Possible legal filings could show how intertwined FTX and its sister company were, even as CEO Sam Bankman-Fried follows through on his promise to shutter Alameda.

232 +

Sam Bankman-Fried apologizes for FTX liquidity crisis: ‘I fucked up twice’

According to the FTX CEO, Alameda Research was also “winding down trading” but United States-based exchange FTX US “was not financially impacted” by recent events.

134 +

SBF Says Alameda to Wind Down Over FTX Liquidity Crisis

Alameda Research is shutting down, Sam Bankman-Fried has confirmed. FTX CEO SBF Says Sorry Alameda Research is winding down its operations. 1) I'm sorry. That's the biggest thing. I fucked...

127 +