Auto Added by WPeMatico

Document Claims Alameda CEO Caroline Ellison’s FTX Margin Position Was Negative $1.3B in May 2022

In a number of recent interviews, the former co-founder of FTX, Sam Bankman-Fried (SBF), explained that he “wasn’t running Alameda” and he “didn’t know the size of their position.” In…

Continue ReadingDocument Claims Alameda CEO Caroline Ellison’s FTX Margin Position Was Negative $1.3B in May 2022

Binance CEO not interested in Alameda’s offer to buy up its FTT holdings

CZ signaled that he isn’t interested in an offer from Alameda to buy out Binance’s FTX Tokens saying they’d rather “stay in the free market.”

Continue ReadingBinance CEO not interested in Alameda’s offer to buy up its FTT holdings

Binance to liquidate its entire FTX Token holdings after ‘recent revelations’

Binance CEO Changpeng Zhao cited “recent revelations” as the reason for the liquidation, noting the sale of its tokens could take months to complete due to the size of its…

Continue ReadingBinance to liquidate its entire FTX Token holdings after ‘recent revelations’