City Alameda Financial News
11.09 / 18:41
UPS
BLOCK
CEO
Action
FTX
LayerZero
FTX Estate Takes Legal Action Against LayerZero Labs to Recover $86 Million
FTX’s bankruptcy estate has taken legal action against LayerZero Labs, the development firm behind a cross-chain swap protocol, in a bid to reverse a series of financial transactions conducted by FTX’s former management shortly before the exchange filed for bankruptcy.
17.08 / 18:51
regulation
Federal Reserve
FTX
Reserve
Federal Reserve issues enforcement action against FTX-linked US bank
The Federal Reserve Board of the United States and the Washington State Department of Financial Institutions have announced an enforcement action against Farmington State Bank, a financial institution whose parent company received more than $11 million from Alameda Research.
03.08 / 05:03
02.08 / 00:33
FTX
Bankruptcy
FTX Token
FTT
FTX Unveils Reboot Plan for New Offshore Exchange under New Leadership
On July 31st, under its new CEO, John J. Ray III, the bankrupt cryptocurrency exchange FTX Trading Ltd. submitted a draft plan to "reboot" the collapsed crypto exchange.
26.07 / 20:23
regulation
crimes
FTX
Court
Fried
Sam
bail
Judge warns Sam Bankman-Fried to ‘take it seriously’ as prosecutors push to revoke bail: Report
A federal judge overseeing the criminal case against Sam Bankman-Fried, also known as "SBF," will reportedly consider revoking the former FTX CEO’s $250 million bail based on allegations of intimidation against Caroline Ellison.
20.07 / 20:27
regulation
FTX
Bankruptcy
PHILANTHROPY
life sciences
FTX sues over investments, donations made by charity arm to life sciences companies
FTX’s efforts to claw back customer funds are continuing. Alameda Research and FTX filed suit on July 19 seeking the return of $71.6 million in allegedly commingled corporate and customer funds related to investments and donations to life sciences companies.
14.07 / 17:03
markets
defi
solana
Ecosystem
Solana price hits a 2023 high, but do strong fundamentals back the SOL rally?
Solana (SOL) price briefly surged to a new year-to-date peak on June 14 after Ripple’s partial win against the U.S. Securities Exchange and Commission in the case contesting XRP’s position as a security.
26.06 / 18:31
FTX
Fried
Sam
Sam Bankman-Fried Shot Crypto MasterClass Prior to FTX Collapse
Disgraced crypto boss Sam Bankman-Fried had shot a tutorial video on cryptocurrency for MasterClass, a platform that offers courses taught by celebrity experts.
23.06 / 12:03
FTX
Fried
Sam
FTX Seeks to Recover $700 Million from Sam Bankman Fried's Affiliated Funds
Now-defunct cryptocurrency exchange FTX has sued a former aide for Hilary Clinton and the former aide's investment firm, K5 Global, to retrieve $700 million in funds.
22.06 / 23:57
business
Investments
Fraud
FTX
Bankruptcy
Fried
FTX seeks to claw $700M from Bankman Fried friends and affiliated funds
FTX has filed a lawsuit in the United States Bankruptcy Court for the District of Delaware against some of the investment firms it had ties to before its collapse. The suit, filed June 22, contained 16 counts and seeks over $700 million from the defendants.
16.05 / 21:33
31.03 / 16:47
business
Investments
Research
hedge fund
Crypto news site The Block gets new CEO and reported staff layoffs following admitted ties to SBF
Larry Cermak, vice president of research at The Block, has announced that he will be taking the reins at the crypto and blockchain news website from interim chief executive officer Bobby Moran — the second change in leadership since reports surfaced that former CEO Mike McCaffrey financed the platform through loans from Alameda Research.
30.03 / 10:09
Legal
FTX
Fried
Sam
Sam Bankman-Fried's Legal Expenses Paid by Alameda Money He Granted to His Father – What's Going On?
Sam Bankman-Fried, the founder of the bankrupt FTX exchange, has been accused of using the $10 million he had transferred to his father during his time as CEO to cover his legal expenses.
29.03 / 19:39
Law
regulation
FTX
Fried
Sam
Sam Bankman-Fried is paying for legal defense using previously gifted funds from Alameda: Report
Former FTX chief executive officer Sam Bankman-Fried, also known as SBF, is reportedly funding the legal team defending him against federal charges with millions of dollars he gifted his father from Alameda Research.
23.03 / 23:07
regulation
FTX
Court
Assets
Bankruptcy
FTX debtors
stake
FTX debtors agree to $95M sale of stake in Mysten Labs
The debtors for defunct crypto exchange FTX have approved an agreement that would sell its preferred stock in Mysten Labs, the company behind the Sui blockchain.
23.03 / 05:33
business
regulation
Venture Capital
FTX
Court
Bankruptcy
Fried
Backed
FTX seeks to claw back $460M from Bankman-Fried-backed VC firm
Bankrupt crypto exchange FTX is seeking to recover $460 million of allegedly misappropriated customer funds from venture capital (VC) firm Modulo Capital, which received a sizeable investment from Alameda Research last year.
18.03 / 14:55
Blockchain
Ethereum
Digital
XRP
CEO
Bitcoin
FTX debtors
FTX debtors report $11.6 billion in claims and $4.8 billion in assets
FTX debtors have reported that several company silos held over $4 billion in scheduled assets as of November 2022. They claim that they were still looking into the firm’s crypto holdings.
16.03 / 10:31
business
Fraud
FTX
Court
SBF’s inner circle received $3.2B, mainly from Alameda: Court filings
FTX and Alameda Research’s former top brass received $3.2 billion in payments and loans from FTX-linked entities, according to the FTX administrators handling the firm’s restructuring.
14.03 / 15:19
business
Stablecoin
regulation
wallet
FTX
FTX-related stablecoins on the move: $145M transferred to crypto exchanges
Amid multiple ongoing investigations, FTX continues to move funds. Addresses related to the failed crypto exchange reportedly transferred around $145 million in stablecoins to various platforms.
11.03 / 00:37
business
Grayscale
Digital Currency Group
Bankruptcy
Crypto Biz: Silvergate shutting down, Alameda suing Grayscale
With the Bitcoin (BTC) halving more than a year away, don’t expect crypto industry narratives to change anytime soon. Nay, crypto winter is still in full force, and the nasty headlines show no signs of abating.
07.03 / 01:11
business
Grayscale
FTX
Alameda Research files suit against Grayscale over ‘self-imposed redemption ban’
Alameda Research has filed suit against Grayscale Investments in the Court of Chancery in the State of Delaware, it announced March 6. It also made claims against Grayscale CEO Michael Sonnenshein, Grayscale owner Digital Currency Group (DCG) and the group’s CEO Barry Silbert.
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 in-depth coverage about the situation in city Alameda, based on information from official representatives.
What shapes the media agenda in city Alameda?
The news landscape of city Alameda is shaped by major cultural and social events, reflecting its local way of life.