In a challenging year for creditors of bankrupt investment firms Three Arrows Capital (3AC) and FTX’s trading arm Alameda Research, a recent surge in Worldcoin (WLD) has provided some solace. The coin, which is associated with the crypto project co-founded by OpenAI CEO Sam Altman, has seen a significant 188% surge over the past fourteen […]
Alameda Research’s $190 Million Loss Linked To Inadequate Security, Insider Reports | Bitcoinist.com
Amidst the ongoing legal proceedings, a fresh wave of testimonies has emerged against Sam Bankman-Fried (SBF) and his operations. In this particular instance, outside the courtroom, a former engineer at Alameda Research, the sister hedge fund of FTX, has come forward with revelations of substantial losses in trading funds totaling at least $190 million. Aditya […]
FTX Founder Sam Bankman-Fried Accused Of Inducing Criminal Behavior By Caroline Ellison | Bitcoinist.com
The trial of Sam Bankman-Fried (SBF), the founder of FTX, has entered its second week, with key witnesses closely associated with the bankrupt exchange testifying against him in court. Today, Caroline Ellison, Bankman-Fried’s ex-girlfriend and former head of Alameda Research, FTX’s trading arm, brought serious allegations in the courtroom. Trial Reveals FTX-Alameda Connection In Fund […]