Alameda Research

Caroline Ellison, former CEO of Alameda Research, agreed to surrender most of her assets to settle a lawsuit filed by the FTX bankruptcy estate. What Happened: Ellison has consented to a settlement that involves transferring most of her assets, not already forfeited to the government or used for...

In a stark contrast to Sam Bankman-Fried‘s assertions last January, recent developments suggest FTX customers face a long wait for potential repayments. What Happened: TV host Ran Neuner has shed light on the protracted timeline for FTX distributions, which are now expected to extend well...

Caroline Ellison, the former CEO of Alameda Research and a central figure in the downfall of FTX, has been sentenced to 24 months in Manhattan federal court on Tuesday. What Happened: Once a trusted ally and romantic partner of FTX founder Sam Bankman-Fried, Ellison's cooperation with prosecutors...

A U.S. judge has ordered FTX Trading Ltd. and Alameda Research LLC to pay $12.7 billion in restitution and disgorgement to creditors. What Happened: This ruling stems from a lawsuit filed by the Commodity Futures Trading Commission (CFTC) against the two entities, accusing them of committing fraud...

In a packed courtroom on Thursday, the legal saga of Sam Bankman-Fried, the embattled cryptocurrency mogul, took a dramatic turn as his defense team presented a heartfelt portrayal of their client, starkly contrasting the government’s accusations. As Benzinga’s Future of Digital Assets...

As Sam Bankman-Fried, the embattled founder of the now-defunct cryptocurrency exchange FTX awaits his sentencing, the source of his legal war chest has been a substantial monetary gift to his father, made with funds from a loan by FTX's sister company, Alameda Research, according to a...

What Happened: Following the conviction of Sam Bankman-Fried, former CEO of FTX, renowned investor Peter Schiff has called for accountability from the politicians and regulators who he claims were complicit in Bankman-Fried’s fraudulent activities. Schiff, a known critic of Bitcoin (CRYPTO:...

The former Chief Executive Officer of FTX, Sam Bankman-Fried, has been convicted on seven counts of criminal fraud brought against him, as per a recent jury verdict. What Happened: As CNBC disclosed, Bankman-Fried was found guilty on charges including wire fraud, conspiracy to commit wire fraud,...

In a gripping courtroom session on Wednesday, Assistant U.S. Attorney Nicolas Roos presented his closing arguments in the high-profile trial of the co-founder of crypto change FTX, Sam Bankman-Fried, in which the narrative portrayed a picture of a man who believed he could deceive countless...

Web3 wallet company Backpack received a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA) for Backpack Exchange, which will provide crypto exchange services in Dubai. What Happened? Backpack is also behind Mad Lads, a...

Sam Bankman-Fried, the face behind crypto giants FTX and Alameda Research, acknowledged his awareness of the potential risks tied to the controversial decision to use the former's funds to repay the latter's debts. This concession came during the intense cross-examination by Assistant...

Amid an intense cross-examination by Assistant U.S. Attorney Danielle Sassoon, FTX founder Sam Bankman-Fried, testified on the third day of his ongoing trial that he mocked regulators with derogatory language in private. The embattled former billionaire also conceded Alameda Research...

In a riveting courtroom session, FTX co-founder Sam Bankman-Fried testified on various aspects of his professional journey, revealing a more personal side. While discussing his wardrobe choices and long hair, he candidly admitted, "I found [shorts and T-shirts] comfortable," and...

Clarifying his stance on a series of allegations linked to erroneous liquidations, FTX co-founder Sam Bankman-Fried vehemently defended his decisions, saying he had asked former FTX Chief Technology Officer and co-founder Gary Wang to stop liquidations on Alameda Research's accounts...

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...