On March 19, Bitcoin prices fell to as low as $61,500. However, even as fear reigned, Kaiko, a blockchain analytics platform, observed that the coin’s liquidity across major crypto exchanges, including Binance and Coinbase, has been recovering steadily. When writing, the Bitcoin market liquidity is above the “Alameda Gap,” a massive boost for traders, including those looking […]
Creditors Rejoice As Worldcoin (WLD) Skyrockets 188%, Providing Vital Relief To 3AC And FTX | Bitcoinist.com
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 […]
Former FTX CEO Sam Bankman-Fried, or commonly SBF, had asked Judge Lewis Kaplan to postpone his sentence hearing for four to six weeks, but the judge dismissed his request. Attorneys for Bankman-Fried’s defense said that more time is required to gather evidence for the sentencing submission and to be ready for the pre-sentencing interview, which […]
After a comprehensive five-week trial, the New York jury rendered a verdict on Thursday, finding the former crypto magnate, Sam Bankman-Fried, guilty on all seven charges, including fraud, embezzlement, and criminal conspiracy. As a consequence, Bankman-Fried potentially confronts a maximum sentence of 110 years in prison. The prosecution alleged that Sam Bankman-Fried, the founder and […]
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. Related Reading: Linqto’s Ray Fuentes Reveals The Factors That Could Drive A Ripple IPO In 2024 FTX […]
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 […]
In recent events, the loans taken from Alameda Research have been scrutinized, with lawyers representing Sam Bankman-Fried, also known as SBF, seeking clarity from FTX co-founder Gary Wang. SBF Lawyers Into The Loan’s Legalities Sam Bankman-Fried, the founder of the now-defunct FTX exchange, seems to be in a tangle over the loans given out by […]