City Alameda Financial News
13.07 / 00:13
FTX Lawyers Dispute Jump Trading $264M Claim Over Unmaterialized Alameda Loan
The FTX bankruptcy estate is contesting a $264 million claim by Jump Trading’s subsidiary, Tai Mo Shan, regarding an undelivered loan of 800 million Serum (SRM) tokens from Alameda Research.
15.11 / 20:00
Provident
Twitter
Aware
CEO
BitMEX
Whirlpool
social
Sam Bankman-Fried Dodges Questions on Alameda Debt Repayment Risks
In a recent social media exchange, Sam Bankman-Fried, the former CEO of FTX, found himself amidst a whirlpool of questions regarding the potential risk transfer from Alameda Research to FTX. The core issue revolved around the use of FTX customer funds to settle the debts of Alameda's lenders, a move seen by some as transferring risk onto FTX customers.
30.10 / 22:13
30.10 / 17:09
FIVE
Reuters
Cooper
CEO
Experts
show
reports
Interviews
Sam Bankman-Fried grilled by prosecutor about interviews following FTX's collapse
Sam Bankman-Fried was challenged on Monday over interviews following the cryptocurrency exchange's collapse, in which he said he was not involved in his Alameda Research hedge fund's trading. The questioning by prosecutor Danielle Sassoon, on the second day of Bankman-Fried's testimony in his own defense at his fraud trial, was part of an effort to undercut the 31-year-old former billionaire's credibility after he told jurors last week he did not steal customers' money.
28.10 / 02:17
Provident
Waves
CEO
Action
BAY
prevention
donates
Customers
FTX founder Sam Bankman-Fried testifies in fraud trial, admits to ‘mistakes’ but denies stealing billions from customers
Bankman-Fried of using FTX customer funds to prop up Alameda, make speculative venture investments and donate more than $100 million to U.S. political campaigns. He also is accused of scheming to cheat Alameda's lenders and FTX investors.
27.10 / 20:00
regulation
FTX
Court
Trial
Lawyer questions Sam Bankman-Fried on his political donations at trial
Sam “SBF” Bankman-Fried’s defense attorney Mark Cohen heard testimony from the former FTX CEO on his relationship with Caroline Ellison and political donations from the crypto exchange.
26.10 / 12:55
Law
regulation
crimes
FTX
Sam Bankman-Fried’s testimony to challenge government claims, lawyer tells judge
The possible contents of Former FTX CEO Sam Bankman-Fried upcoming testimony have been outlined in a letter to Judge Kaplan by his lawyer, Mark Cohen.
25.10 / 20:35
Ethereum
Provident
Digital
ETF
Gemini
Bitcoin
Q3
Digital Currency Group’s Q3 Shareholder Letter: Surprise Over NYAG Lawsuit
Crypto industry powerhouse Digital Currency Group (DCG) has provided a response to its latest fraud lawsuit from the New York Attorney General (NYAG) last week, alongside updated Q3 financial figures.
23.10 / 18:01
CEO
Tether
USDT
coinbase
Pinnacle
information
reports
Alameda Research Minted Over $39 Billion USDT, Amounting to Nearly Half of Tether's Circulating Supply
A recent disclosure by Conor Grogan, Director at Coinbase, unveiled a noteworthy involvement of Alameda Research in the minting of Tether (USDT) tokens. Through meticulous on-chain data analysis, it was found that Alameda was responsible for minting a massive $39.55 billion of USDT. This figure represents roughly 47% of Tether's circulating supply as of October 10, 2023. A prior report by Protoss had estimated the minting at around $36.7 billion, however, Grogan managed to update these figures by identifying additional wallets associated with the minting process.
13.10 / 17:39
The Sandbox
Best crypto to buy today
IOTA
Filecoin
crypto casino
Best Crypto to Buy Now October 13 – Filecoin, IOTA, The Sandbox
New revelations from former Alameda Research CEO Caroline Ellison surfaced today regarding the crypto hedge fund's financial relationship with FTX prior to the exchange's collapse.
12.10 / 18:45
FTX
Bankruptcy
Court Approves Genesis and FTX $175 Million Settlement Deal Despite Outrage from Creditors
A United States court has approved the settlement terms of bankrupt digital asset lender, Genesis and FTX's sister company, Alameda Research.
12.10 / 18:05
Binance
regulation
Fraud
FTX
Court
Trial
Sam
Leak
Sam Bankman-Fried blamed Binance for balance sheet leak to media: Court evidence
Evidence presented in court as a part of the ongoing criminal trial against Sam “SBF” Bankman-Fried, former CEO of crypto exchange FTX, reveals SBF believed Binance leaked an Alameda balance sheet to the media in 2022.
10.10 / 19:59
FTX
SBF's Lawyers Seek To Cross-Examine Gary Wang on Counsel’s Involvement in Alameda Loans
In the ongoing multi-billion fraud trial of the bankrupt FTX exchange, Sam Bankman-Fried (SBF) has blamed lawyers' involvement in structuring the loans issued to FTX co-founder Gary Wang by Alameda Research.
10.10 / 19:59
Coinbase Director Flags Alameda Research for Minting Nearly $40 Billion USDT in 2021
Today, Conor Grogan, a director at Coinbase, brought attention to Alameda Research's actions concerning the Tether (USDT) stablecoin. According to blockchain data analyzed by Grogan, Alameda Research minted upwards of $39.55 billion in USDT throughout 2021, despite lacking equivalent assets under management.
10.10 / 15:07
FTX
Sam
FTX CEO Sam Bankman-Fried's Legal Battle Expands to Lawyers' Involvement
As the trial of Sam Bankman-Fried enters its second week, his lawyers are seeking to question FTX co-founder Gary Wang about his reliance on legal advice regarding loans from Alameda Research.
10.10 / 12:53
regulation
FTX
Court
FTX Token
SBF seeks to probe FTX lawyers’ roles in $200M Alameda loans
Sam Bankman-Fried’s legal team is looking for permission to probe the alleged involvement of FTX lawyers in the issuance of $200 million worth of loans from Alameda that were approved by Gary Wang.
10.10 / 10:29
Blockchain
Altcoin
Tether
FTX
FTX Token
SBF’s Alameda minted $38B USDT to profit off arbitrage trading: Coinbase director
Blockchain data flagged by Coinbase director Conor Grogan indicates that Alameda Research redeemed over $38 billion for Tether (USDT) tokens in 2021 despite not having the equivalent assets under management.
03.10 / 19:57
regulation
Fraud
FTX
Insurance
Trial
Sam
Costs
Sam Bankman-Fried sues insurance company for defense costs as trial opens
As the final preparations for the trial of Sam Bankman-Fried were underway in Manhattan, attorneys for the embattled former FTX CEO were filing a suit against the Continental Casualty insurance company in the United States District Court of Northern California. That company has allegedly provided Paper Bird and its subsidiary FTX Trading directors and officers (D&O) insurance. The suit was filed by Bankman-Fried as an individual.
19.09 / 19:03
regulation
FTX
Fried
Sam
Sam Bankman-Fried's father dragged his mother into an FTX US salary dispute
Joseph Bankman, the father of former FTX CEO Sam Bankman-Fried (SBF), complained to his son about the salary he was receiving during his employment at FTX US, turning the issue into a family matter.
19.09 / 07:09
FTX
Sam
FTX Sues Sam Bankman-Fried’s Parents to Recover Millions in Misappropriated Funds
Bankrupt crypto exchange FTX has taken legal action against the parents of its founder and former CEO, Sam Bankman-Fried, accusing them of being involved in fraudulent activities.
15.09 / 18:59
Legal
FTX
Fried
Sam
New Report: Sam Bankman-Fried's Father Played a Key Role in FTX's Cryptocurrency and Legal Defense
Sam Bankman-Fried's father, Joe Bankman, played a significant role in advising FTX, the cryptocurrency exchange that faced controversy leading to its downfall.
what's happening in city Alameda
What is the current situation in city Alameda?
In city Alameda, the spotlight is on socially significant developments that spark public discussion.
Where can I find reliable news about city Alameda?
We publish verified updates about the situation in city Alameda, based on information from regional journalists.
What shapes the media agenda in city Alameda?
The news landscape of city Alameda is shaped by key decisions by local authorities, reflecting its unique context.