Alameda Research

FTX's former president is expected to provide more details about the collapsed crypto exchange. Brett Harrison said via Twitter that he "will share in time," but did not respond to a follow-up question about whether he is working with U.S. regulators or prosecutors. Harrison also...

Daniel Friedberg, the former top lawyer for Sam Bankman-Fried's FTX, has reportedly begun cooperating with U.S. prosecutors as they investigate the cryptocurrency firm's collapse.  What Happened: At a November meeting with two dozen investigators held at the U.S. Attorney for...

The U.S. Department of Justice is working to seize $465 million worth of Robinhood Markets Inc (NASDAQ: HOOD) shares associated with Sam Bankman-Fried, the founder of the collapsed FTX cryptocurrency exchange. What Happened: The prosecutors are not considering the 56 million Robinhood shares to be...

Former FTX CEO Sam Bankman-Fried has pleaded not guilty to eight charges in a New York federal court, related to the collapse of his exchange and hedge fund Alameda Research, CNBC reported. The charges include conspiracy to commit wire fraud and securities fraud, individual charges of securities...

FTX founder Sam Bankman-Fried has requested that the identities of two people who will help secure his bail remain confidential. In a letter filed by his lawyers on Tuesday, it was argued that "if the two remaining sureties are publicly identified, they will likely be subjected to probing...

Solana (CRYPTO: SOL) has seen its value increase by 12% over the last 24 hours, pushing it beyond the $11 mark. What Happened: This surge comes after Ethereum (CRYPTO: ETH) founder Vitalik Buterin expressed his optimism for Solana's future by tweeting that "smart people"...

Banking giant Citigroup (NYSE: C) considered partnering with Alameda Research, a now-bankrupt crypto trading firm, to launch a crypto lending business in 2020, but decided against it due to concerns about the firm's lack of risk management.  Austin Campbell, the former co-head of...

Some 70% of unregulated cryptocurrency exchange transactions are wash trading. That's according to a new study from the National Bureau of Economic Research (NBER). Wash trading, the practice of buying and selling a security for the purpose of creating the appearance of increased trading volume...

Sam Bankman-Fried, the former CEO of cryptocurrency exchange FTX, will reportedly plead to criminal charges alleging that he defrauded investors and misused billions of dollars in customer funds. The 30-year-old is scheduled to be arraigned on Jan. 3, 2023, in front of U.S. District Judge Lewis...

Four customers of FTX have filed a class action lawsuit in U.S. Bankruptcy Court for the District of Delaware (where FTX's bankruptcy proceedings are taking place) demanding priority in repayment for the approximately $2 billion in missing customer funds. The customers claim that FTX...

Former FTX CEO Sam Bankman-Fried borrowed hundreds of millions of dollars from Alameda Research to purchase a stake in Robinhood Markets, according to court records. In an affidavit delivered to a Caribbean court before his detention, Bankman-Fried stated that he and FTX co-founder Gary Wang...

Several crypto coins were exchanged for Bitcoin (CRYPTO: BTC) using Alameda Research wallets, according to on-chain data. Ethereum wallet addresses connected to the defunct trading company Alameda Research exchanged multiple crypto tokens for Ether (CRYPTO: ETH) and USDT (crypto: USDT) on...

Fidelity Investments, a $4.5 trillion asset management company, has filed three trademark applications with the United States Patent and Trademark Office (USPTO) for a variety of Web3 goods and services, including an NFT marketplace and a crypto trading platform in the metaverse. The applications,...

Beleaguered cryptocurrency exchange FTX is attempting to stop BlockFi from claiming more than $440 million worth of shares of Robinhood Markets Inc (NASDAQ: HOOD) purchased by Sam Bankman-Fried. What Happened: FTX said the Robinhood shares in...

The crypto winter will go on for a long time and more stringent regulations are expected in the future, following the failure of FTX. That's according to former Binance CFO Zhou Wei, who left the firm last year. "Basically, we have to all brace ourselves for a pretty long winter in the...