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Sam Bankman-Fried sentenced to 25 years in prison

Bankman-Fried’s sentence comes after he was found guilty of wire fraud, conspiracy to commit fraud, and money laundering conspiracy.

Alameda Research dumps all of its GBTC: Report

A report claims that debtors-in-possession of FTX and Alameda Research have sold all its GBTC in the ongoing bankruptcy.

Several crypto firms including Alameda Research, Blockfolio, Celsius, and Voyager received PPP loans during the pandemic.

Cumberland is the largest Tether client to not declare bankruptcy, and is an important market-maker, OTC desk, and venture firm.

Caroline Ellison testified about Alameda Research sending customer funds back to FTX as stablecoins, but it raises questions about Tether.