How much money does Alameda Research still have?
Even though Sam Bankman-Fried is in prison, a BTC wallet controlled by Alameda Research deposited about $30M into Binance last week.
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Even though Sam Bankman-Fried is in prison, a BTC wallet controlled by Alameda Research deposited about $30M into Binance last week.
Read more (3 min) →According to the filing, the lawsuits against Allan Bankman and Barbara Fried have been dismissed without prejudice.
Two FTX and Alameda Research executives have been sentenced to prison, two have their sentencings scheduled, and one has pleaded guilty.
— Bankman-Fried, FTX
Sam Bankman-Fried's mother, father, and brother reportedly helped advise on and manage the firm's finances, says the Wall Street Journal.
FTX debtors hope to start a second phase of their investigation, this time focusing more on the hole in the balance sheet at FTX US.
Salame tried to convince trolls, influencers, and FTX customers that there was more to the FTX/Alameda collapse than met the eye.
The FTX examiner report highlights the people who knew about the firm's impropriety before it and Alameda Research collapsed.
There’s little legal wiggle room for Bankman-Fried and while he may present specific arguments, the odds of them succeeding are pretty low.
Bankman-Fried's sentence comes after he was found guilty of wire fraud, conspiracy to commit fraud, and money laundering conspiracy.
The role will give Sullivan & Cromwell access to Binance records, including details on past and present employers, and its facilities.