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AA News Alameda Research Crypto News FTX Exchange Sam Bankman-Fried (SBF)

Ex-Alameda Co-CEO to Surrender Yacht and Apartments to FTX Debtors

Sam Trabucco, the former co-CEO of Alameda Research and a close associate of FTX founder Sam Bankman-Fried, has reached a preliminary settlement with the creditors of the now-defunct cryptocurrency exchange. In a proposed agreement, Trabucco agreed to relinquish several high-value assets to help repay the bankrupt firm’s debts. The Settlement Deal According to a November […]

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AA News Alameda Research Crypto News FTX Exchange Sam Bankman-Fried (SBF)

Former Alameda Research CEO Caroline Ellison’s Sentencing Revealed

Caroline Ellison was sentenced to two years in federal prison on Tuesday for her involvement in the FTX fraud scandal. The 30-year-old was also ordered to forfeit $11 billion, which she earned through her association with the now-collapsed cryptocurrency exchange. Ellison’s Cooperation Judge Lewis A. Kaplan, who presided over the case, acknowledged the former Alameda […]

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Former Alameda Research CEO Caroline Ellison’s Attorneys Seek Leniency Ahead of Sentencing

According to a late Tuesday filing from her lawyers, Caroline Ellison, the former CEO of Alameda Research, should be sentenced to time served and supervised release. The request comes ahead of her scheduled sentencing on September 24, 2024, for her involvement in the collapse of the cryptocurrency exchange FTX. Extraordinary Cooperation In the Tuesday filing, […]

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