alameda research

  1. Hanno Labuschagne

    25 years jail-time for SBF

    25 years jail-time for SBF FTX co-founder Sam Bankman-Fried was sentenced to 25 years in prison for stealing billions of dollars from customers, marking the final chapter in a case that has upended the crypto industry. US District Judge Lewis A. Kaplan delivered the sentence in federal court...
  2. Hanno Labuschagne

    SBF facing over 100-year jail sentence after guilty verdict

    SBF facing over 100-year jail sentence after guilty verdict Sam Bankman-Fried was convicted of a massive fraud that led to the collapse of his FTX exchange, following a month-long trial that pitted the testimony of the former crypto king against that of some of his closest friends...
  3. Hanno Labuschagne

    SBF is staying in the tjoekie

    SBF is staying in the tjoekie Sam Bankman-Fried’s request to be released from jail ahead of his Oct. 3 fraud trial was denied by a federal appeals court, hours after he lost a separate ruling that blocks him from calling expert witnesses for his defense. The former FTX co-founder has been...
  4. Hanno Labuschagne

    Google owner Alphabet is sitting on "too much" cash

    Google owner Alphabet is sitting on "too much" cash Alphabet Inc. is facing a new and, by most accounts, welcome problem — how to spend its rapidly expanding pile of cash. The Google owner generated nearly $29 billion (R549.62 billion) in cash in the second quarter after cutting thousands of...
  5. Hanno Labuschagne

    SBF says revoking his bail would violate his free speech rights

    SBF says revoking his bail would violate his free speech rights FTX co-founder Samuel Bankman-Fried claims that revoking his bond and jailing him for speaking with a newspaper reporter would violate his free-speech rights. US prosecutors asked a judge last week to revoke Bankman-Fried’s $250...
  6. Hanno Labuschagne

    FTX sues SBF and former associates over R17.9 billion in bad deals

    FTX sues SBF and former associates over R17.9 billion in bad deals Bankrupt FTX Trading Ltd. will try to claw back millions of dollars in cash and unwind more than $1 billion (R17.88 billion) in questionable transactions as part of a new lawsuit filed against company founder and alleged...
  7. Jan

    SEC says Bankman-Fried defrauded investors of $1.8 Billion

    Sam Bankman-Fried accused of R31.9-billion fraud Sam Bankman-Fried, the disgraced co-founder of digital-asset exchange FTX, was accused by US regulators of orchestrating a multi-year fraud against investors — one that helped support his lavish lifestyle. Bankman-Fried, who had been living in...
  8. Jan

    Sam Bankman-Fried arrested in Bahamas as US files FTX charges

    Sam Bankman-Fried arrested Sam Bankman-Fried, the disgraced co-founder of digital-asset exchange FTX, was arrested in the Bahamas after the US government filed a criminal indictment, following weeks of speculation that client funds were misused before his empire’s collapse. Bankman-Fried is...
  9. Jan

    Ovex terminates relationship with FTX for FSP licence

    FTX loses financial services licence access in South Africa South African cryptocurrency market maker Ovex has cancelled and removed FTX as a juristic representative, cutting off the international exchange’s access to its local Financial Service Provider (FSP) licence. “FTX is now unlicensed...
  10. Jan

    FTX latest: BlockFi halt, SEC probe, asset freeze deepen crisis

    Cryptocurrency lender BlockFi halts withdrawals Sam Bankman-Fried, founder of the embattled crypto exchange FTX, is being investigated by the US Securities and Exchange Commission for potential violations of securities rules. The Bahamas, where his FTX.com arm is based, froze the assets of a...
  11. Jan

    Celsius files for Chapter 11 bankruptcy

    Cryptocurrency lender Celsius files for bankruptcy Cryptocurrency lender Celsius Network Ltd. filed for Chapter 11 bankruptcy, the latest casualty of a $2 trillion crash that has wiped out some of the industry’s biggest names and exposed hundreds of thousands of individual investors to steep...
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