Alameda Research, the cryptocurrency hedge fund founded by Sam Bankman-Fried, is gathering more plaintiffs to join its lawsuit against Grayscale Investments. <br>

Blockchain analyst Andrew T, also known as Blockanalia on Twitter, has revealed potential connections between the deployer of the $BALD token and Andrew Keys and Alameda Research.

Alameda Research, a bankrupt crypto investment firm, is seeking the support of GBTC shareholders who hold at least 10% of Grayscale’s Bitcoin Trust shares in its lawsuit against Grayscale and its parent company, DCG. Alameda plans to file an amended complaint against Grayscale, and is in talks with several unnamed GBTC shareholders who are willing to join as co-plaintiffs. Bitcoin Magazine CEO David Bailey has urged GBTC shareholders to join the lawsuit, stating that it will affect all shareholders and determine if they are investors or hostages. Grayscale is currently engaged in a legal dispute with the SEC over its plan to convert its Bitcoin Trust into an ETF.

New details have emerged about Caroline Ellison, the CEO of crypto hedge fund Alameda Research, who was involved in the fund mismanagement that led to the collapse of FTX. Documents accessed by The New York Times reveal that Ellison was aware of the situation months before it unfolded in November 2022. She reportedly wrote in her personal notes that she was "unhappy and overwhelmed" with her job as CEO of Alameda. The FTX collapse had a significant impact on cryptocurrency prices, and the management is currently facing several lawsuits over allegations of fund mismanagement.

June 29 (Cointime) - There has been speculation about the financial success of FTX and Alameda Research, with rumors suggesting that Chinese capital flight may have played a role in funding the American cryptocurrency companies. Although there were arbitrage opportunities during Alameda's startup period, it seems unlikely that co-founder Sam Bankman-Fried could sustain it while billionaires and giant funds couldn't.

June 29 (Cointime) - Former clients of FTX, Alameda Research, and affiliated companies have until September 29th to file claims against the bankruptcy estate and vote on the Chapter 11 restructuring plan. Claims must specify the type of asset and be denominated in USD.

June 23 (Cointime) - Alameda Research, the hedge fund division of FTX, which filed for bankruptcy in November, is seeking the return of $700 million that founder Sam Bankman-Fried allegedly paid to "super networkers" Michael Kives and Bryan Baum for access to celebrities and politicians.

Solana is facing selling pressure and uncertainty following the collapse of FTX, which was largely attributed to Alameda Research, an entity affiliated with FTX, which held a substantial quantity of SOL tokens. The presence of a locked stake of 8.2% in the Solana cryptocurrency supply, held by Alameda Research and currently undergoing bankruptcy proceedings, raises concerns about the potential impact on the supply and liquidity of SOL in the coming years. Additionally, a large whale was observed selling a significant portion of its holdings, adding to the selling pressure on Solana and contributing to the downward price trend. Despite these challenges, Solana's development activity has continued to rise, suggesting that new updates and upgrades could be in the pipeline for the Solana network.

Institutions begin to claim unlocked 1INCH tokens, ParaFi Capital and Alameda Research have claimed over $4 million worth of 1INCH.

Bankrupt cryptocurrency entities FTX, FTX.US, and Alameda Research have filed a lawsuit against former executives Sam Bankman-Fried (SBF), Nishad Singh, and Gary Wang for allegedly spending FTX Group’s assets on the acquisition of stock clearing firm Embed Financial Technologies. The lawsuit seeks to recover the funds spent during the acquisition and accuses the former management of inflating the valuation of Embed and purchasing the platform for more than it was worth. FTX CEO John Ray seeks to revoke Simple Agreements for Future Equity (SAFEs) issued by the bankrupt entity and recover the funds spent during the acquisition. The plaintiffs have also filed an adversary lawsuit against Embed's former equity holders, including Silicon Valley venture capital firms like Y Combinator, Bain Capital Ventures, and 9Yards.