Español
PortuguêsAccording to court documents in the FTX bankruptcy case, the company’s attorneys seek to subpoena FTX co-founder Sam Bankman-Fried, his brother Gabriel Bankman-Fried, and his parents, Joseph Bankman and Barbara…
Continue ReadingUnredacted documents mistakenly sent to the bankruptcy court indicate that the now-defunct crypto lender Blockfi had more than $1.2 billion tied up with FTX and Alameda Research. The accidentally revealed…
Continue ReadingThe documents previously censored financial information relating to FTX and Alameda Research, but uncensored copies were released by mistake. Bankrupt crypto lending firm BlockFi has reportedly uploaded financials by accident,…
Continue ReadingAfter FTX collapsed, the incident prompted many major crypto exchanges to publish proof-of-reserves and lists of known addresses so users can verify the solvency of the trading platforms. While the…
Continue ReadingFederal prosecutors have seized $697 million in assets, mostly comprised of more than 56 million Robinhood shares worth $526 million, from FTX co-founder Sam Bankman-Fried. Court filings detailed that the…
Continue ReadingThis week, FTX debtors issued a press release and a 20-page document noting that bankruptcy administrators had located $5.5 billion in liquid assets. The document details that investigators discovered fiat…
Continue ReadingFollowing an update from FTX debtors about the $5.5 billion discovered by administrators during an investigation, former FTX CEO Sam Bankman-Fried (SBF) took to Twitter to share a blog post…
Continue ReadingOn Jan. 17, 2023, FTX Trading Ltd. and affiliated debtors updated the public and detailed that the firm’s current administrators have discovered $5.5 billion of liquid assets to date. Top-level…
Continue ReadingCalifornia-based cryptocurrency bank Silvergate Capital reported a net loss of $1 billion in Q4 2022. Silvergate shares have lost over 70% of their value following the FTX exchange’s meltdown. California-based…
Continue ReadingFollowing its bankruptcy filing, half of the $181 million FTX US assets were subject to unauthorized third-party transfers. The restructuring team of FTX identified $5.5 billion worth of liquid assets…
Continue ReadingLiquidators have reportedly lost at least $11.5 million since taking control of Alameda Research’s trading accounts, as per Arkham Intel. The total preventable loss has been estimated to be $4…
Continue ReadingAccording to crypto analytics firm Arkham, at least $4 million of these losses were “preventable losses.” The liquidators of Alameda Research have reportedly incurred at least $11.5 million in losses…
Continue ReadingThe Bitmex co-founder, Arthur Hayes, criticized Sam Bankman-Fried, the disgraced FTX co-founder, on Friday after Bankman-Fried published his first blog post on his new Substack newsletter. “All this talk about…
Continue ReadingAs the FTX bankruptcy case and fraud charges against co-founder Sam Bankman-Fried continue to unfold, the value of the exchange’s token, FTX Token (FTT), has seen significant growth. Since Jan.…
Continue ReadingU.S. law enforcement officials are reportedly scrutinizing Nishad Singh, the former director of engineering at FTX, according to a report citing people familiar with the matter. Another report, published on…
Continue ReadingA third former FTX-linked executive is reportedly considering providing evidence against Sam Bankman-Fried in an attempt for a more lenient sentence. As the investigation into FTX continues, the crypto exchange’s…
Continue ReadingDisgraced FTX founder Sam Bankman-Fried (SBF) is attempting to regain access to his Robinhood shares, worth over $460 million. The former CEO of the collapsed crypto exchange claimed that he…
Continue ReadingFTX Ex-CEO SBF argued that he should retain control of approximately $450 million in shares of financial trading app Robinhood. “Mr. Bankman-Fried requires some of these funds to pay for…
Continue ReadingThe United States Department of Justice is now stepping in to take control of matters in the ongoing brouhaha involving the now-defunct crypto exchange FTX and other parties. The DOJ…
Continue ReadingOn Jan. 3, 2023, the former FTX CEO Sam Bankman-Fried (SBF) pleaded not guilty to eight criminal charges that involve two counts of wire fraud and six counts of conspiracy.…
Continue ReadingBefore FTX collapsed it was assumed that Alameda Research was one of the top quantitative trading firms and market makers within the industry. However, much of that perception may have…
Continue ReadingEven if under house arrest and monitored by the police, Sam Bankman-Fried is still capable of making headlines. For instance, he’s now being suspected of moving funds from one of…
Continue ReadingRobert Kiyosaki says the time to buy gold and silver is now, predicting a stock market crash will send prices of the precious metals higher. In other news, the crypto…
Continue ReadingSam Bankman-Fried, Do Kwon and Alex Mashinsky might look back on this year and wish they had hired a social media adviser or logged off Twitter. To put it lightly,…
Continue ReadingSOL price jumped 20% after falling to its worst level since February 2021 with Solana’s technicals suggesting that more upside is possible. Solana (SOL), the cryptocurrency once supported by Sam…
Continue ReadingCrypto assets worth $1.7 million were swapped and mixed through various crypto-mixing services related to Alameda Research. The movement of funds from the Alameda wallet via mixing tools caused quite…
Continue ReadingOn Dec. 27, 2022, a number of onchain researchers noticed that funds connected to Alameda Research and FTX have moved and have been swapped for other tokens. Reports show the…
Continue ReadingSam Bankman-Fried reportedly received a loan from his quantitative trading firm Alameda Research, to facilitate the purchase of his stake in American stock brokerage firm Robinhood Markets. This development involving…
Continue ReadingFollowing FTX co-founder Sam Bankman-Fried’s arrest and the statements from his co-workers Gary Wang and Caroline Ellison, the spotlight has turned on the remaining executives who were part of the…
Continue ReadingCourt filings show that debtors from FTX Trading Ltd. and Alameda Research want 56 million shares of Robinhood stock frozen after multiple creditors are seeking access to the funds, and…
Continue ReadingBoth former executives of FTX and Alameda Research have been charged for their role in the frauds that led to FTX’s collapse. Former Alameda Research CEO Caroline Ellison and FTX…
Continue ReadingDespite FTX’s collapse last month, the trading platform’s crypto token FTT had managed to not plummet all the way down to zero, and surprisingly it hovered below the $2 per…
Continue ReadingSam Bankman-Fried, the founder and former CEO of crypto exchange FTX, will legally forgo his extradition to the United States, Reuters reported on Monday, citing sources with knowledge of the…
Continue ReadingThe CEO of Bitgo stated that the Alameda representative failed the security verification process required to convert wrapped-BTC into BTC. Mike Belshe, the CEO of digital asset custodian BitGo has…
Continue ReadingCFTC court filing outlines a murky relationship between FTX and Alameda Research, highlighting the latter’s unfair trading advantage and misappropriation of user funds. Court filings continue to shed light on…
Continue ReadingThings 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,…
Continue ReadingOn Dec. 13, 2022, the Southern District of New York (SDNY) prosecutor’s office and SDNY attorney Damian Williams revealed that the FTX co-founder Sam Bankman-Fried has been indicted for “fraud,…
Continue ReadingOn Dec. 13, 2022, the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Sam Bankman-Fried (SBF), FTX Trading LTD., and Alameda Research. The CFTC alleges that FTX customer…
Continue ReadingAccording to a statement published on Dec. 13, 2022, the U.S. Securities and Exchange Commission (SEC) has charged the disgraced FTX co-founder Sam Bankman-Fried (SBF) with defrauding investors. SEC chairman…
Continue Reading