Documents reveal Alameda Research bought FTX stake from Binance
Protos reviewed documents filed by Alameda Research that reveal that it held FTX equity on its balance sheet, bought from Binance in 2021.
Cryptocurrency news by Protos · Protos
December 5, 20222m 59s
Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
The 2021 sale of FTX equity owned by Binance in exchange for FTX Token (FTT) and BUSD was purchased by Alameda Research, according to documents distributed as part of the Series B-1 that Protos reviewed. This confirms the reporting about FTX equity being on Alameda Research’s balance sheet as provided by Sam Bankman-Fried to Forbes.
Hosted on Acast. See acast.com/privacy for more information.