Former FTX member Leopold Aschenbrenner’s $20B AI fund blows up
The AI hedge fund of ex-FTX Future Fund worker Leopold Aschenbrenner is asking investors for more capital to meet margin calls.
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The AI hedge fund of ex-FTX Future Fund worker Leopold Aschenbrenner is asking investors for more capital to meet margin calls.
Read more (3 min) →Sam Bankman-Fried has focused his energy on asking for a presidential pardon, but his efforts aren't going particularly well.
Recently published accounts from FTX-backed Effective Ventures confirm that it sold the manor amid a rough market for stately homes.
The FTX estate is filing an amended complaint alleging that Justin Sun owes millions of dollars worth of assets it's failed to turn over.
Even though Sam Bankman-Fried is in prison, a BTC wallet controlled by Alameda Research deposited about $30M into Binance last week.
Deltec International, the parent company of Deltec Bank, allegedly gave billions in credit to Alameda Research to facilitate its activities.
According to the filing, the lawsuits against Allan Bankman and Barbara Fried have been dismissed without prejudice.
— FTX, Ryan Salame
FTX customers can expect to be repaid ‘in full, with interest.’ However, their repayments are based on a bitcoin price of $16,871.
Galois Capital has settled charges with the SEC over allegations that it violated the Investment Advisors Act by storing assets on FTX.
Two FTX and Alameda Research executives have been sentenced to prison, two have their sentencings scheduled, and one has pleaded guilty.