Alameda

Worldcoin, the crypto project co-founded by OpenAI’s CEO Sam Altman, recently saw its token’s price drop over 6% following Alameda Research’s continued sales. Some analysts believe WLD’s price could continue to move sideways before recovering its bullish momentum. Alameda Goes On A Worldcoin Sell-off On-chain data analysis firm SpotOnChain revealed that Alameda Research has sent part of its WLD holdings to crypto exchanges for the past two months. The report shared that, since early August, FTX’s sister company has transferred…

The post FTX News: Caroline Ellison of Alameda Research Faces 110 Years appeared first on Coinpedia Fintech News Caroline Ellison, the former CEO of Alameda Research and ex-girlfriend of Sam Bankman-Fried, is now in the spotlight as she faces a possible 110-year sentence for her role in the infamous FTX collapse. Once a rising star in the crypto world, Ellison’s involvement in the misuse of billions of dollars has brought her face-to-face with one of the harshest penalties in the…

The post FTX and Alameda Research To Repay $12.7 Billion To Its FTX Creditors This Month! appeared first on Coinpedia Fintech News On 07th August, a U.S. judge formally approved the FTX and Alameda filed a document to repay $12.7 Billion to its FTX creditors. Reportedly, on 8th August, Alameda Research deposited 205,380 Worldcoin (WLD) tokens worth $351K into Binance. Notably, FTX and Alameda currently hold $630 Million worth of assets. These assets include 266.85 Million FTT tokens worth $344.24…

The post Alameda Research Moves $352K Worth of $WLD to Binance appeared first on Coinpedia Fintech News The cryptocurrency market has rebounded more than 6 percent in the past 24 hours to about $2.24 trillion, and worldwide (WLD) has not been left behind. According to the latest crypto data, WLD price rebounded more than 8 percent in the past 24 hours to trade around $1.76 on Friday during the early Asian session.  However, the WLD price is still far from…

FTX and its affiliate Alameda Research have liquidated a significant portion of their cryptocurrency assets, totaling $98 million in April. FTX creditors are expressing discontent with the proposed plan while demanding settlements in cryptocurrency rather than fiat currency. In April, FTX, along with its affiliate Alameda Research, liquidated a substantial portion of its cryptocurrency assets, totaling $98 million. Notably, the bankrupt FTX exchange has been selling off its Solana (SOL) holdings to reimburse its customers, a trend that may continue…

The post Arkham Flags FTX And Alameda Wallets For Liquidating $97.35M In Crypto Assets Edit Title appeared first on Coinpedia Fintech News FTX and Alameda wallets have transferred and liquidated a combined $97.35 million in crypto assets within the past month. Besides controlling over 78% of the FTT token supply, FTX retains $33.85 million in BOBA and $11.22 million in ETH. Meanwhile, Alameda holds significant holdings including $140 million worth of WLD, $102 million in BIT, $93 million in BTC, and…

Crypto bank Silvergate is under investigation by the US Justice Department’s fraud unit for its dealings with FTX and its sister trading arm, Alameda Research.  The investigation is reviewing accounts concerning both businesses, which have been widely accused of engaging in a multi-billion dollar fraud using FTX customer funds.  What Happened at Silvergate? As reported by Bloomberg on Thursday, the La Jolla, California-based bank hasn’t been accused of any wrongdoing, and investigations could end without any charges being laid. However,…

Crypto lending giant BlockFi had exposure exceeding $1.2 billion to Sam Bankman-Fried’s collapsed FTX-Alameda empire. The figure exceeds the size of BlockFi’s previously stated exposure and amounts to nearly half of the company’s assets.  BlockFi’s Massive Exposure As reported by CNBC, documents detailing BlockFi’s exposure were meant to be redacted but were mistakenly published without the redactions on Tuesday.  The unredacted filing showed BlockFi held $415.9 million of assets linked to FTX, alongside $831.3 million in loans to Alameda, as…

In early November, Alameda Research became insolvent. FTX tried to bail it out but faced a liquidity crisis that shortly led to its bankruptcy and marked the start of a cataclysmic meltdown in the cryptocurrency market. Here’s a brief aftermath of it in numbers: $223 billion was lost in the market cap for the entire crypto market in less than 5 hours. $15 billion was lost in total value locked (TVL) in DeFi protocols. $4,700 drop in value for Bitcoin in a…