Alameda
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The Unveiling of FTX’s Crises: What You Need to Know
On April 10th, according to a report released by FTX creditors, on July 31, 2019, former FTX engineering director Nishad Singh changed the code base to allow Alameda to extract an
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7:00-12:00: A Look into Telegram, Zhao Changpeng, Russia, and Alameda
7:00-12:00 Key words: Telegram, Zhao Changpeng, Russia, Alameda
Summary of important developments at noon on March 30th
IntroductionAs the world continues to be driven by technolog -
Stargate Foundation Recommends Against Reissuing STG Tokens
On March 13, Stargate, a cross-chain liquidity agreement based on LayerZero, tweeted that the Stargate Foundation recommended DAO not to reissue STG tokens. After the bankruptcy of FTX last year, the FTX/Alameda wallet suffered from key leakage or internal problems, and was attacked by hackers and lost about $500 million. The FTX liquidator will eventually transfer all assets to the new wallet, and the key will not be leaked to hackers. Stargate DAO believes that the key of the wallet is likely to be leaked and shared between FTX liquidator/Alameda and hackers, and proposes to reissue STG tokens to transfer these funds out of the wallet. The Stargate Foundation advised the DAO not to reissue STG tokens, and the FTX liquidator may seek compensation Analysis based on this information:Stargate, a cross-chain liquidity agreement based on LayerZero, recently made a tweet recommending that DAO not reissue STG tokens. This recommendation was made in light of the bankruptcy of FTX last year,…
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Alameda’s Holdings in Grayscale Trusts: A Matter of Record
On March 8, John J. Ray III, the new CEO of FTX, said that although Alameda\’s business record may be incomplete, it still found some positions in grayscale tru…
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Three Executives of Crypto Exchange FTX Plead Guilty to Criminal Charges in the US
According to Reuters, Nishad Singh, the former FTX engineering director, pleaded guilty to the criminal charges of the United States. Earlier, Caroline Ellison…
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CoinDesk’s Financial Report on Alameda Triggers Collapse of FTX
On February 21, the George Polk Awards awarded the Financial Report Award to Ian Allison and Tracy Wang of CoinDesk, in recognition of their news about the sit…