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Alameda research
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CryptoCurrency
FTX's Alameda Research Sues KuCoin to Recover $50 Million in Frozen Assets
2024-10-29T20:03:28.686+02:00
The lawsuit claims KuCoin holds funds belonging to FTX’s estate, intended for creditor repayments.
Filed in Delaware, the lawsuit follows FTX's recent asset recovery from Bybit.
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FTX, Alameda Research to Cough Up $12.7 Billion—What Now for Crypto?
2024-08-09T09:56:33.189+02:00
FTX and Alameda Research are ordered to pay $12.7 billion to creditors.
The case has been a PR nightmare for the crypto industry.
Could this be the beginning of accountability across the industry?
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CryptoCurrency
FTX's Former CEO Sam Bankman-Fried Denied Request for Prolonged Sentencing Process
2023-12-20T22:00:59.254+02:00
This denial happens amid the possibility of a second trial against Bankman-Fried.
SBF's defense team has requested an extension of four to six weeks for his sentencing.
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CryptoCurrency
FTX’s Next Phase: To Present Updated Reorganization Plan by Mid-December
2023-12-07T16:19:41.102+02:00
The plan includes a potential acquisition by Perella Weinberg.
FTX's recovery plan includes the proposed issuance of recovery rights tokens.
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CryptoCurrency
Sam Bankman-Fried Concludes His Testimony: Can He Avoid Prison?
2023-10-31T22:35:34.623+02:00
SBF has shifted blame to FTX's former executives to prove his innocence.
The trial has revealed a lack of clarity regarding Alameda's loans from FTX.
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CryptoCurrency
Sam Bankman-Fried Faces Cross-Examination: What Led to FTX's Collapse?
2023-10-30T22:42:35.671+02:00
SBF was grilled over the demise of FTX in the ongoing trial.
Some of his controversial statements and admissions were revealed.
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CryptoCurrency
Sam Bankman-Fried Speaks Out: Admits Mistakes as FTX's CEO
2023-10-27T23:51:52.902+02:00
SBF acknowledged the harm caused to investors when FTX collapsed.
He testified in his fraud trial, denying the charges brought against him.
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CryptoCurrency
Sam Bankman-Fried Counters Fraud Allegations without a Jury
2023-10-26T22:51:34.039+02:00
The defense argued that FTX lawyers' involvement in the exchange's decisions shows good faith.
SBF maintains that he never intended to misappropriate customers' funds.
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CryptoCurrency
FTX Transfers $20M from Cold Wallets to Crypto Exchanges, including Binance
2023-10-26T17:59:47.525+02:00
SOL, COMP, and ETH were moved to Binance, Coinbase, and other exchanges.
The funds were transferred by the debtors managing FTX's cold storage wallets.
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CryptoCurrency
Sam Bankman-Fried's Trial Gamble: To Testify in His Defense
2023-10-25T19:17:31.492+02:00
SBF’s ADHD medication dispute has been resolved, allowing him to participate in the trial.
He is accused of fraud and money laundering in the FTX exchange's collapse.
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CryptoCurrency
FTX Creditors Face New Threat: Phishing Attacks amidst Legal Turmoil
2023-10-23T16:00:08.360+02:00
Fraudsters are luring FTX's customers with promises of expedited fund withdrawals.
SBF allegedly donated $50 million to undisclosed political groups.
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CryptoCurrency
Sam Bankman-Fried's Trial: BlockFi's CEO Discloses Billion-Dollar Loss, Links with Alameda
2023-10-13T22:45:29.220+02:00
Prince said that Alameda Research's loans pushed BlockFi into bankruptcy.
BlockFi's involvement with the hedge fund began between 2020 and 2021.
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CryptoCurrency
SBF's Trial Twists and Turns: Did Accounting Firms Refuse to Audit Alameda's Books?
2023-10-12T22:36:24.188+02:00
The defense team is cross-examining Ellison's role concerning the collapsed exchange.
Disputes have emerged in the trial as Ellison's testimony unfolds.
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CryptoCurrency
FTX Dark Secrets Uncovered as Alameda's Ex-CEO Testifies
2023-10-12T17:38:59.546+02:00
Caroline Ellison implicated SBF in bribery and hidden dealings.
FTX's collapse and a multibillion-dollar hole in its balance sheet were revealed.
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CryptoCurrency
Sam Bankman-Fried Accused by Former Alameda CEO of Directing Fraud at FTX
2023-10-10T23:53:04.943+02:00
Caroline Ellison testified that $10 billion in customer funds were misused.
SBF maintains his innocence amidst the allegations of fraud.
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CryptoCurrency
Sam Bankman-Fried Wants to Examine Lawyers' Role in $200M Alameda Loans
2023-10-10T16:04:46.777+02:00
Prosecutors have questioned Wang about these loans.
The investigation highlights the links between FTX and Alameda Research.
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CryptoCurrency
Alameda Research Faces Scrutiny over $38 Billion USDT Redemptions
2023-10-10T15:18:21.135+02:00
At the 2021 crypto bull run peak, USDT creation surpassed Alameda's assets.
Cryptocurrency industry scrutiny deepens as unanswered questions surround USDT and Alameda.
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CryptoCurrency
FTX's Co-Founder Admits Fraud with Sam Bankman-Fried: Report
2023-10-06T19:44:56.604+02:00
Wang confessed to wire fraud, securities fraud, and commodities fraud during trial.
FTX's close links with Alameda Research are under scrutiny.
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CryptoCurrency
DOJ Targets Bankman-Fried's Luxury Jets amid Fraud Trial
2023-10-05T16:44:08.704+02:00
The prosecutors claim the jets were bought with proceeds from fraud.
There are concerns about who will cover the costs of maintaining the private jets.
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CryptoCurrency
Sam Bankman-Fried's Day in Court: What Really Happened at FTX?
2023-10-04T23:34:52.304+02:00
The defense lawyers claim Bankman-Fried acted in good faith.
But, the prosecutors accused him of using customers' money for personal gain.
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CryptoCurrency
Sam Bankman-Fried's Trial Commences with 12-Judge Jury Selection
2023-10-04T20:47:49.469+02:00
Prosecutors allege theft, while the defense claims misjudgment, not fraud.
Bankman-Fried is accused of stealing customers' funds to build his empire.
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CryptoCurrency
FTX and Alameda's Secret Dealings: $4.1B in FTT Tokens Transferred before Bankruptcy
2023-10-04T18:16:54.429+02:00
FTX and Alameda largely controlled the FTT token supply.
The exchange held an estimated 80% of the total supply of FTT tokens.
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CryptoCurrency
Sam Bankman-Fried's High-Stakes Entry into Crypto: $500,000 Daily Crypto Losses
2023-10-04T16:15:13.626+02:00
SBF allegedly incurred huge losses during the early days of Alameda Research.
The turnaround happened when FTX's Directors Wang and Singh joined the firm.
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CryptoCurrency
Sam Bankman-Fried's Legal Battle Begins: Inside the $8 Billion Trial
2023-10-03T15:59:47.035+02:00
The trial reveals alleged misappropriation of customers' funds, leading to the collapse of FTX.
Bankman-Fried's empire unraveled last year, marking one of the biggest financial frauds in US history.
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CryptoCurrency
Sam Bankman-Fried Faces Trial as Former Colleagues Take the Stand against Him
2023-10-02T23:28:46.358+02:00
Witnesses are set to reveal insights into the alleged theft of billions of dollars at FTX.
Bankman-Fried was arrested in the Bahamas in 2022 and extradited to the US.
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