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Alameda Research was a cryptocurrency trading firm, co-founded in September 2017 by Sam Bankman-Fried and Tara MacAulay. [ 2 ] [ 3 ] In November 2022, FTX , Alameda's sister cryptocurrency exchange, experienced a solvency crisis, and both FTX and Alameda filed for Chapter 11 bankruptcy . [ 4 ]
Caroline Ellison (born November 1994) is an American business executive who 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. [6]
Alameda and FTX had a closer relationship than most market makers and exchanges. They both were founded by Bankman-Fried and Wang, and Bankman-Fried implemented the strategy for both, according to ...
The once-hailed ‘boy wonder’ of the crypto industry rose to prominence after founding trading firm Alameda Research in 2017 at the age of 25. So what went wrong? Bevan Hurley looks back at ...
Caroline Ellison sentenced to 2 years in prison for her role in $11 billion FTX and Alameda Research fraud scheme Jacob Shamsian,Natalie Musumeci September 24, 2024 at 2:52 PM
He joined Alameda Research in March 2019, and officially became the co-CEO in October 2021 along with Caroline Ellison. [4] The following August, Trabucco stepped down from the role and Caroline Ellison became the sole CEO of the firm. [6] [7] [8] Alameda Research purchased a 52-foot yacht for Trabucco, who named it Soak My Deck. [9]
Two of Sam Bankman-Fried's top business partners — a co-founder of the cryptocurrency exchange FTX and the former CEO of the hedge fund Alameda Research — have pleaded guilty to fraud, a ...
He was the second-largest shareholder of FTX at the time of the collapse of the company. [5] Wang owned 17% of FTX and 10% of Alameda Research, a sister firm of FTX and co-founded by Bankman-Fried. [6] [10] Wang was a somewhat reclusive figure, per reports. [5]