FTX’s Alameda Research drops lawsuit against Grayscale
Alameda Research, an affiliate of bankrupt crypto exchange FTX has dropped its case against Grayscale. The lawsuit’s dismissal comes as Grayscale’s GBTC sees huge outflows following SEC’s spot Bitcoin ETF…
Bankrupt Alameda Research wallets resurrect and transfer millions of FTT tokens
Alameda Research filed for Chapter 11 bankruptcy in November. The defunct Sam Bankman-Fried’s crypto trading house filed for bankruptcy alongside FTX and other affiliated firms. Wallets linked to the firm…
Alameda liquidates millions worth of tokens for Bitcoin
Alameda Research addresses sent millions worth of tokens to decentralised exchanges and crypto mixers on Wednesday. According to on-chain data, the tokens were swapped into USDT before being converted into…
SBF, Alameda executives to testify on FTX collapse
Sam Bankman-Fried and several other executives will be asked to testify at an upcoming House Financial Services Committee hearing on the collapse of the FTX cryptocurrency exchange. The exchange’s implosion…
Coinbase, Tether, and Circle deny exposure to Alameda and FTX
Several crypto firms have come out to distance themselves with exposure to FTX crypto exchange and its sister firm Alameda amid the financial crisis facing the two firms. This comes…
BIT price on a slippery slope amid fears that Alameda dumped millions of BIT tokens
The price of BIT, BitDAO’s native token, saw a massive drop in the early hours of November 8 where it hit a daily low of $0.3031 before slightly rebounding as…