Alameda Research

Cryptocurrency lender BlockFi is closer to bankruptcy, an announcement that could come in the coming days according to a new report. What Happened: Crypto lending company BlockFi has been in the news recently thanks to its connection to cryptocurrency platform FTX. After FTX declared bankruptcy...

The co-founder of the collapsed crypto fund Three Arrows Capital (3AC) says FTX founder Sam Bankman-Fried was allegedly “hunting” the fund's positions and colluding to bring it down. Kyle Davies on Wednesday said he was the biggest critic of the collapsed crypto exchange...

The state investment fund of Singapore, Temasek, is prepared to write down investments to the tune of $200 million to $300 million in the bankrupt cryptocurrency exchange FTX. In concurrent investment rounds of $400 million each, Temasek invested in the FTX mothership and its U.S. subsidiary FTX US...

The Bahamas arm of cryptocurrency exchange FTX filed for Chapter 15 bankruptcy in the Southern District of New York, days after its parent company, along with its 130 other associated companies, declared themselves bankrupt.  The paperwork, which was registered late Tuesday night, comes...

Sam Bankman-Fried, popularly known as “SBF”, co-founder and former CEO of the now-defunct crypto exchange FTX (CRYPTO: FTT), said he is working with regulators and teams to do everything he can “right for customers.” What Happened: In a series of...

A day after BlockFi said that it will explore all options to mitigate its significant exposure to beleaguered exchange FTX, the cryptocurrency lending and trading platform on Tuesday is reportedly ready to file for bankruptcy. In response to the failure of FTX and its sister firm Alameda Research,...

Bankrupt cryptocurrency exchange FTX’s affiliated trading firm Alameda Research accumulated large amounts of tokens over the course of a year before FTX announced it would list them, according to an investigation of open blockchain data by analytics company Argus. Blockchain data...

Curve, a payments firm, is in talks to acquire cryptocurrency lender BlockFi's 87,000 credit card customers, whose credit cards were frozen on Nov. 11. What Happened: According to a Curve spokesperson, negotiations between the two companies started on Nov. 12 and are still taking place. ...

FTX US, the U.S. arm of cryptocurrency exchange FTX appears to have stopped processing withdrawals Friday, hours after the company filed for Chapter 11 bankruptcy. According to on-chain data, there have been no outgoing transactions for nearly 2 hours. FTX US on Thursday warned users that...

Binance CEO Changpeng Zhao on Friday came down heavily on a report the cryptocurrency exchange holds $74.6 billion in tokens, out of which nearly 40% are its own stablecoin BUSD (CRYPTO: BUSD) and native coin BNB (CRYPTO: BNB). Sharing data provided by blockchain analytics firm...

FTX founder and former CEO Sam Bankman-Fried announced via Twitter Friday that FTX US, FTX Trading, quantitative research firm Alameda Research and 130 additional affiliated companies to the FTX Group have commenced voluntary proceedings under Chapter 11 bankruptcy. That begs a very...

BlockFi, a cryptocurrency lender said that it can no longer operate its business “as usual” and is limiting withdrawals on the platform, citing a lack of clarity on the status of Sam Bankman-Fried's beleaguered crypto exchange FTX. See Also: FTX Looks To Kraken For Help, But...

Cryptocurrency exchange FTX used customer assets worth billions to support risky trading bets by its sister trading firm, Alameda Research, which ultimately led to the exchange's collapse, according to a new report. What Happened: Quoting an anonymous source, a Wall Street Journal report...

Bitcoin (CRYPTO: BTC) could plunge to the $13,000 level amid a "cascade of margin calls" in the wake of the ongoing crisis at the FTX cryptocurrency exchange, said strategists working for JPMorgan. What Happened: The JPMorgan team led by Nikolaos Panigirtzoglou wrote in a note, seen by Bloomberg, "...

FTX (CRYPTO: FTT) CEO Sam Bankman-Fried reportedly told investors on Wednesday that he urgently needs $8 billion in emergency funding to cover withdrawal requests and avert bankruptcy. What Happened: In a call with investors, Bankman-Fried said he hoped to raise as...