Former FTX, Alameda Employees Pour In $17 Million For Crypto Exchange Startup

Alameda, Backpack, FTX, Sam Bankman-Fried

Former workers of FTX and Alameda Research have secured $17 million to establish Backpack, a cryptocurrency exchange. They are among the businesses attempting to bridge the void created by the demise of their previous employer, Sam Bankman-Fried’s cryptocurrency conglomerate. Backpack is worth $120 million after completing a Series A investment round; the company’s products also […]

SBF’s Legal Team Digs Deep Into Gary Wang’s $300 Million Alameda Loans Testimony

Alameda, Alameda Research, Crypto, Crypto News, FTX, SBF

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 […]