Alameda Research

FTX founder Sam Bankman-Fried on Thursday shed light on his company's controversial practices in his testimony regarding borrowing from assets held as collateral for margin positions in crypto exchange FTX for trading in Alameda Research. Bankman-Fried stated unequivocally, "I...

Sam Bankman-Fried's attorney Mark Cohen on Wednesday said the FTX founder will be testifying in court. This update comes just ahead of the highly anticipated Benzinga's Future of Digital Assets conference on Nov. 14. The conference, set to delve into the trajectory of digital...

A clandestine 75-minute audio recording, captures the moment Caroline Ellison told 15 ex-employees of Alameda Research that the hedge fund's act of "borrowing" FTX user funds. The recording, accessed by Cointelegraph, casts light on the escalating stress Ellison and the...

Continuing her testimony in the ongoing trial of FTX founder Sam Bankman-Fried, Caroline Ellison on Thursday revealed intricate details about the crypto exchange's financial operations and relationships. During her testimony, Ellison confirmed that the company faced no...

Former Alameda Research engineer Aditya Bharadwaj has shed light on the company's significant security incidents that led to the loss of hundreds of millions of dollars.  Amid these revelations, industry experts and stakeholders are gearing up for Benzinga's Future of...

Amid the ongoing trial of FTX (CRYPTO: FTT) founder Sam Bankman-Fried and allegations of misusing customer funds, newly revealed content from an ongoing court case indicates that the founder contemplated discontinuing Alameda Research's operations in 2022. What Happened: During the trial,...

Gary Wang, former chief technology officer at FTX, on Tuesday provided significant insights into the financial operations of Alameda Research and its association with FTX. His testimony raised concerns, particularly regarding the handling of the FTX (CRYPTO: FTT) tokens and the company's...

Few names have been as synonymous with both rapid success and a dramatic decline as Sam Bankman-Fried. His arrest almost 10 months ago marked one of the most shocking moments in the crypto industry’s history. The trial for Bankman-Fried, the founder of FTX, began this week at the U.S....

Alameda Research enjoyed unique access on the FTX platform, enabling the crypto hedge fund to utilize $8 billion of the exchange's client funds, revealed Gary Wang, the former chief technology officer (CTO), during Sam Bankman-Fried's trial on Friday.  Wang, who was instrumental...

Judge Lewis Kaplan's patience is wearing thin with the defense team representing FTX (CRYPTO: FTT) founder Sam Bankman-Fried. In just three days of the trial, Kaplan has expressed significant frustration with the defense's approach, particularly their repetitive and imprecise...

Insiders from the cryptocurrency exchange FTX (CRYPTO: FTT) revealed that prior to its downfall, certain U.S.-based staff members identified a concealed mechanism. This mechanism, allegedly linked to Alameda Research, permitted the unauthorized withdrawal of billions in customer funds. Despite...

The trial of Sam Bankman-Fried, the controversial co-founder of the now-defunct crypto exchange FTX (CRYPTO: FTT), is underway with the initial phase of juror selection and assessment. This process, overseen by U.S. District Judge Lewis Kaplan, continued into its second day after some...

Sam Bankman-Fried, the former CEO of FTX and co-founder, sent his on-and-off again girlfriend Caroline Ellison a detailed list of the pros and cons of being in a physical relationship with him.  What Happened: The revelations come from Michael Lewis’ latest book titled "Going Infinite,"...

A former Alameda Research employee recently discussed how an event lead to a dramatic 87% drop in Bitcoin's (CRYPTO: BTC) value back in October 2021 — less than a year before Alameda and FTX went bankrupt. The plunge, which saw Bitcoin plummet from $65,000 to a mind-numbing $8,000 on...

With criminals constantly adapting their tactics to stay ahead of law enforcement, a new report highlighted a significant shift in the methods used by bad actors to launder illicit crypto assets. The study, by crypto analytics firm Elliptic, revealed the value of illicit crypto...