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Did You Know? Sam Bankman-Fried Lost Millions Worth of Ripple (XRP)

TL;DR Sam Bankman-Fried supposedly lost $4 million in XRP from Alameda Research, underestimating the issue despite internal concerns. The mishandling of the missing XRP eroded trust within Alameda Research’s executive…

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FTX Addresses Send $21M Worth of SOL to Exchanges: Solana Price Rally in Danger?

The crypto wallets associated with the now-defunct crypto exchange FTX and its sister trading firm, Alameda Research, persist in diversifying their investments across various altcoins on numerous crypto exchanges. According…

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FTX and Alameda Research Transfers $13.6M to Binance: These Cryptos Are Concerned

According to Spot On Chain, addresses related to FTX and Alameda transferred $13.6 million to Binance and Coinbase on November 1. This development comes as Sam Bankman-Fried’s case continues on…

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Prosecutors Reject ‘Effective Altruism’ as a Viable Defense in SBF Trial

A recurring motif during the trial has been Bankman-Fried’s commitment to effective altruism, a philanthropic ideology aimed at maximizing individuals’ impact through activities like charitable contributions and career choices. Bankman-Fried,…

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