Who are the competitors of Alameda Research? Top competitors of Alameda Research include Gemini, Blockchain and FTX.
Alameda Research, along with FTX and more than 130 affiliated entities, filed for Chapter 11 bankruptcy protection in November 2022.
By 2021, Bankman-Fried owned approximately 90 percent of Alameda Research.
Court Approves FTX-CFTC $12.7B Settlement The settlement resolves a 20-month lawsuit initiated by the Commodity Futures Trading Commission. The CFTC did not impose a civil penalty as part of the settlement, which includes $8.7 billion for defrauded investors and $4 billion in disgorged funds.
Ellison was convicted of fraud in 2023 in relation to the bankruptcy of FTX. She was the CEO of Alameda Research, a trading firm affiliated with the FTX and founded by Sam Bankman-Fried. Ellison was terminated from her position after FTX and Alameda filed for bankruptcy.
NEW YORK, Oct 30 (Reuters) - FTX founder Sam Bankman-Fried testified on Monday that he believed his Alameda Research hedge fund had enough assets to cover an $8 billion debt to the cryptocurrency exchange until days before both collapsed.
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The Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and the Internal Revenue Service (IRS) each have unique interpretations of cryptocurrencies: SEC: Cryptocurrencies are securities. The SEC wants to classify digital assets as securities.