Express

Alameda Research Loans $4.1 Billion to Related Parties

Tris Bell

Summary: Alameda Research, the trading firm affiliate of bankrupt crypto exchange FTX, made $4.1 billion through loans to related parties, according to bankruptcy filings Thursday. Among the loans were $1 billion to former FTX CEO Sam Bankman-Fried, $543 million to FTX Director of Engineering Nishad Singh and $55 million to FTX Digital Markets head Ryan Salame. ...

Alameda Research, the trading firm affiliate of bankrupt crypto exchange FTX, made $4.1 billion through loans to related parties, according to bankruptcy filings Thursday.

Among the loans were $1 billion to former FTX CEO Sam Bankman-Fried, $543 million to FTX Director of Engineering Nishad Singh and $55 million to FTX Digital Markets head Ryan Salame. There was also a $2.3 billion loan between FTX legal subsidiaries Euclid Way Ltd. and Paper Bird Inc.

Author: Tris Bell

Last Update:

Tags: ,,,,,
Link: Alameda Research Loans $4.1 Billion to Related Parties   [Copy]
Next:

Related Articles

  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 3 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 9 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 12 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 13 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 16 days ago

    • You need to login to comment.