Crypto projects told to delay new coins due to “Alameda Gap”

New projects have been advised to put off their new token launches until market conditions improve — but this could take until next year.
New projects have been advised to put off their new token launches until market conditions improve — but this could take until next year.
Alameda Research received $6M in USDC and $2.5M in ether from Bitfinex overnight, along with $4.5M from an unknown source.
Alameda Research has filed a lawsuit to recover $446 million in loan payments made to Voyager Digital near its bankruptcy.
Financials published by mistake showed that BlockFi has over $1.2B tied to FTX and Alameda — way more than the $1.02B previously claimed.
Despite Alameda’s lack of risk mitigation procedures, it appears those in charge of liquidations may be as gung-ho as the previous leaders.