Alameda Research

Alameda Research was a Hong Kong-based private equity firm founded by Sam Bankman-Fried in October 2017. It offered full-service cryptocurrency trading on every market and exchange and engaged in over-the-counter (OTC) trading. In 2022, Alameda Research managed over $1 billion in digital assets and traded between $1-10 billion per day across thousands of major coins, altcoins, and their derivatives.Inderivatives. In November 2022, the company shut down after its sister company, FTX, collapsed.

In November 2022, Alameda Research filed for Chapter 11 bankruptcy along with sister company FTX after losing billions of dollars. Alameda Research held the majority of the supply of tokens of FTX, called FTT. The token collapsed after Binance made an announcement that it was selling its $580 million worth of the token due to concerns about its stability and other revelations that had recently come to light. Other holders of the token also started selling it, and the token collapsed.

Several leaders of Alameda Research and associated companies have had charges filed against them, including conspiracy and fraud. It is alleged that the former CEO of the company diverted FTX customer funds and used misappropriated funds for Alameda Research's trading activity. It is also alleged that customer funds from FTX were funneled to Alameda Research and then used for multi-million and billion dollarbillion-dollar payouts to associated executives.

Alameda Research was a Hong Kong-based private equity firm founded by Sam Bankman-Fried in October 2017. It offered full-service cryptocurrency trading on every market and exchange and engagesengaged in over-the-counter (OTC) trading. In 2022, Alameda Research managed over $1 billion in digital assets and traded between $1-10 billion per day across thousands of major coins, altcoins, and their derivatives.In November 2022, the company shut down after its sister company, FTX, collapsed.

In November 2022, Alameda Research filed for Chapter 11 bankruptcy along with sister company FTX after it lostlosing billions of dollars. Alameda Research held the majority of the supply of tokens of FTX, called FTT. The token collapsed after Binance made an announcement that it was selling its $580 million worth of the token due to concerns about its stability and theother factrevelations that Alameda Research held thehad majorityrecently ofcome theto tokenslight. Other holders of the token also started selling it and the token collapsed.

Alameda Research iswas a Hong Kong-based private equity firm founded by Sam Bankman-Fried in October 2017. It offersoffered full-service cryptocurrency trading on every market and exchange and engages in over-the-counter (OTC) trading. As of AprilIn 2022, Alameda Research managesmanaged over $1 billion in digital assets and tradestraded between $1-10 billion per day across thousands of major coins, altcoins, and their derivativesderivatives.In November 2022, the company shut down after its sister company, FTX, collapsed.

Alameda Research holdsheld around forty cryptocurrencies. They includeincluded Solana, FTX Token, Ethereum, DODO, Bitcoin, Meta, and Swipe.

In November 2022, Alameda Research filed for Chapter 11 bankruptcy along with sister company FTX after it lost billions of dollars. Alameda Research held the majority of the supply of tokens of FTX, called FTT. The token collapsed after Binance made an announcement that it was selling its $580 million worth of the token due to concerns about its stability and the fact that Alameda Research held the majority of the tokens. Other holders of the token also started selling it and the token collapsed.

Several leaders of Alameda Research and associated companies have had charges filed against them including conspiracy and fraud. It is alleged that the former CEO of the company diverted FTX customer funds and used misappropriated funds for Alameda Research's trading activity. It is also alleged that customer funds from FTX were funneled to Alameda Research and then used for multi-million and billion dollar payouts to associated executives.