A court ruling in Manhattan addressed trading losses related to FTX and Alameda Research involving Sam Bankman-Fried.
1 report, 1 independent
Updated Jun 13
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What happened
A court ruling in Manhattan addressed trading losses related to FTX and Alameda Research involving Sam Bankman-Fried.
Who's involved
What this event is mainly aboutKeep exploring
Part of
FTX collapsed in Manhattan, leading to Bankman-Fried using FTX to cover Alameda losses and seeking a pardon from Donald Trump.Also in this story
- Caroline Ellison and Gary Wang are implicated in the FTX fraud, with Wang writing code to drain funds and Ellison running Alameda Research.
- Kaplan oversaw the trial of Sam Bankman-Fried, the former CEO of FTX.
- Sam Bankman-Fried was found guilty in Manhattan for stealing FTX funds to cover Alameda Research losses.
The entities involved
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FTX
Bahamian digital asset exchange company
Nothing else this week.
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Alameda Research
quantitative cryptocurrency trading firm
Nothing else this week.
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Sam Bankman-Fried
American cryptocurrency entrepreneur convicted of fraud (born 1992)
Nothing else this week.