A $65 billion Alameda credit line at FTX became a central factual thread in coverage of the exchange’s collapse, trial, and creditor recoveries.
Alameda appears in this coverage as the trading firm closely tied to FTX and Sam Bankman-Fried, with its financial access to the exchange and its handling of customer money at the center of the reporting. It is also linked to former executives including Caroline Ellison and Sam Trabucco, and to the subsequent FTX bankruptcy estate’s efforts to recover assets.
Coverage reached its later high point in 2023Q4 as Bankman-Fried’s criminal case turned Alameda’s relationship with FTX into courtroom evidence. Gary Wang testified that Alameda had “special privileges,” including a $65 billion line of credit, while Bankman-Fried said outside the jury’s presence that lawyers had advised decisions around transferring FTX customer money to Alameda. The quarter followed the revocation of his bail after allegations involving former Alameda CEO Caroline Ellison’s diary.】【:】【“】【
Alameda has appeared in 148 articles since 2022-05. Coverage peaked in 2022Q4 with 78 articles. Frequently mentioned alongside FTX, SBF, Sam Bankman-Fried, Alameda Research.