Alameda Research

The U.S. Department of Justice (DOJ) has moved to prevent all seven expert witnesses lined up for Sam Bankman-Fried from giving their testimonies in court. The DOJ has raised concerns about the qualifications and disclosures of these experts, stating that many of them have failed to adequately...

FTX (CRYPTO: FTT) founder Sam Bankman-Fried's lawyers are allowed to visit him in the Metropolitan Detention Center in Brooklyn, New York. This decision comes after his bail was revoked in the lead-up to his trial set for Oct. 3. The order permits his lawyers to fully utilize the legal...

The anonymous creator of the viral Bald (CRYPTO: BALD) token has moved approximately $12 million in Ether (CRYPTO: ETH) back to the Ethereum blockchain. According to data from Lookonchain, the individual behind the bald token shifted 7,000 ether (valued at $12.9 million) from the Base (CRYPTO:...

Igor Igamberdiev, the head of research at Wintermute — an algorithmic trading firm focused on innovative digital asset markets — has suggested a possible connection between the Bald (CRYPTO: BALD) memecoin and Alameda Research, a prominent cryptocurrency...

FTX recently detailed its proposed restructuring plan, which aims to facilitate the exchange's revival as an offshore entity. Documents submitted on July 31 include a draft plan that describes the disgraced company's planned approach to resolving an "exceptionally large and complicated...

FTX (CRYPTO: FTT) administrators are on a mission to reclaim over $71 million from the insolvent exchange's charitable and life science divisions. The FTX Foundation and Sam Bankman-Fried's Latona life sciences fund are reported to have received approximately $71.5 million from FTX and...

The U.S. Securities and Exchange Commission (SEC) consented to defer the collection of a $30 million fine from the insolvent crypto lending platform BlockFi until such time as the investors have been reimbursed. What Happened: Initially, BlockFi was under obligation to pay a $50 million penalty to...

Alameda Research, the hedge fund division of the now-bankrupt FTX (CRYPTO: FTT) group, is in pursuit of reclaiming $700 million that its founder, Sam Bankman-Fried, allegedly spent to gain access to high-profile individuals including celebrities and politicians. According to court documents filed...

Tensions have escalated between the BlockFi Creditors Committee and the beleaguered digital asset lender's management, with the former rebuffing BlockFi's assertion that it fell victim to FTX and Alameda Research while characterizing this as a "misleading narrative....

FTX Group is attempting to recover nearly $3.9 billion in funds, consisting of cash and cryptocurrency, from the insolvent digital asset lender Genesis Global Capital LLC and its solvent affiliate, GGC International Ltd. The funds in question are linked to $1.8 billion in loans and $273 million in...

Securities and Exchange Commission (SEC) Chair Gary Gensler faces a potential subpoena if the regulator does not deliver information pertaining to the charges filed against Sam Bankman-Fried. House Financial Services Committee Chair Rep. Patrick McHenry (R-NC) and Rep....

The new management of FTX on Sunday released the first interim report on the cryptocurrency exchange’s control failures.   What Happened: The 45-page report highlights FTX’s disorganized record-keeping, nonexistent cybersecurity defenses and lack of expertise in crucial areas such as...

Sam Bankman-Fried, the founder and former CEO of FTX, pleaded not guilty to charges of attempted bribery and campaign finance violations during a court appearance on Thursday. The charges were revealed in two recent superseding indictments, with the bribery charge being unveiled on Tuesday. The...

It's "unfair" and "inequitable" for former FTX CEO Sam Bankman-Fried to use the cryptocurrency company's $10 million insurance policy to pay his legal bills, lawyers say. Bankman-Fried, who is under investigation, has requested a court order that would allow him to...

U.S. prosecutors on Tuesday revealed a new indictment against Sam Bankman-Fried, accusing the founder of the now-bankrupt FTX cryptocurrency exchange of conspiring to bribe Chinese government officials with $40 million in payments. Bankman-Fried directed the payment to unfreeze accounts belonging...