Tags: Research

The DOJ claims that in November 2021, SBF authorized a $40 million payment in USDT from Alameda Research to bribe Chinese officials.

The deal involves Trabucco giving up a yacht, two apartments, and $70 million in FTX claims and is awaiting court approval due in December.

Ivanov allegedly attempted to “extort” Alameda by demanding backing for Vires and Waves, or he would freeze Alameda’s assets on Vires.

The Judge said that Singh cooperated extensively with authorities, uncovering hidden FTX misconduct which earned him supervised release instead of a lengthy sentence.

FTX’s reorganization plan aims to repay creditors with $14.7 to $16.5 billion in recovered assets.

Caroline Ellison’s Sept. 24 sentencing will be the third significant judgment in the FTX scandal, after Ryan Salame and Bankman-Fried.

Judge Castel approved a $12.7 billion settlement, ending the CFTC’s 20-month lawsuit against FTX and Alameda.

Alameda Research invested over $1 billion into Genesis Digital Assets over several funding rounds.

Salame was co-CEO of FTX Digital Markets, the crypto exchange’s Bahamas-based subsidiary.

Sam Bankman-Fried was a big supporter of Solana and had previously amassed a huge amount of SOL tokens.

The agreement reached with FTX and Alameda Research plays a pivotal role in BlockFi’s bankruptcy and reorganization strategy.

Celsius’ $125 million Ethereum transfer is an attempt to bring creditors closer to timely distributions.