"Dark Money" Finance of Citizens United and the Meltdown of FTX
There’s good reason to believe that FTX could have been brought down in a controlled glide, rather than a nose-first crash landing and ensuing fireball.
Alameda-Backed Crypto Trading Firm 3Commas Says It's Pretty Sure It Wasn't Breached
Over a dozen users of the crypto trading service 3Commas, which was backed by Sam Bankman-Fried’s Alameda Research, say the platform leaked their credentials and enabled attackers to run away with over $6 million in user funds.
On-Chain Data Shows Close Ties Between FTX and Alameda Were There From the Start
Despite claims by the companies to the contrary, blockchain data shows crypto exchange FTX and sister company Alameda Research were very much connected from the beginning, said Niklas Polk, a research analyst at analytics firm Nansen. Polk said on-chain data shows the two companies had been closely intertwined since 2019. But making sense of the data could be the reason why no one saw the FTX collapse coming.
Who Is Caroline Ellison, the 'Fake Charity Nerd Girl' Behind the FTX Collapse？
I can think that she’s a cool person but also think she’s a bad actor that did super shitty things to the crypto space and scammed millions of people.
DeFi Protocol Ren in Danger After Alameda Collapse, Looking To Secure Funding
Ren is in danger of not having enough funds for its development following the collapse of Alameda Research.
Correction: $17M FalconX Transfer Was Mislabeled as Alameda by Nansen and Etherscan
A $17 million USDC transfer Friday afternoon from wallets labeled by blockchain researcher Nansen as belonging to Alameda Research triggered alarms in light of recent "unauthorized" transfers of FTX and Alameda funds.
Alameda Just Transfered $17 Million in Crypto to Trading Platform FalconX
A wallet belonging to Alameda Research, the quantitative trading desk of now-bankrupt FTX Group, sent $17 million worth of USDC to institutional crypto trading platform FalconX on Friday afternoon. First, a wallet labeled as <a href="https://etherscan.io/tokenholdings?a=0xe31a9498a22493ab922bc0eb240313a46525ee0a" target="_blank">Alameda Counterparty: 0xe31</a> by blockchain analytics firm Nansen sent $17 million USD Coin (USDC) to an Alameda Research wallet, <a href="https://etherscan.io/tokenholdings?a=0x60009b78da046ac64ef789c29ca05b79cdf73c10" target="_blank">0x600</a>, around noon Eastern Time on Friday. Within two minutes, the USDC was sent to a wallet that Nansen has labeled as <a href="https://etherscan.io/tokenholdings?a=0x1157a2076b9bb22a85cc2c162f20fab3898f4101" target="_blank">Falconx: 0x115</a>.
FTX Arm Alameda, Affiliates Have Over US$5 Billion in Liabilities
Alameda Research and its affiliates had about US$5.1 billion in liabilities as of Sept. 30, according to a bankruptcy court filing dated Nov. 17.
Alameda Had 'Secret Exemption' From FTX Liquidation Protocols, New CEO Says
John J. Ray III, the new CEO of FTX, cited “the secret exemption of Alameda from certain aspects of <a href="http://ftx.com/" target="_blank">FTX.com</a>’s auto-liquidation protocol” among a list of poor security and financial controls that have been uncovered since he took control of the company in the early hours of Nov. 11, shortly before it filed for bankruptcy in a U.S. court.
FTX Affiliate Alameda Research Loaned $4.1B to Related Parties – Including $1B to Sam Bankman-Fried
Alameda Research, the venture capital and trading firm sister of collapsed crypto exchange FTX, made $4.1 billion in loans to related parties, including $1 billion for former CEO Sam Bankman-Fried, according to bankruptcy filings made on Thursday.
