2022-12-28
Customer deposits funds to FTX. FTX loans to Alameda. Alameda buy equities. Alameda receives a margin loan on the equities. Alameda blows the money on meth. Repeat. https://twitter.com/...
Bloomberg
Court filings: Sam Bankman-Fried said in an affidavit that he and Gary Wang borrowed $546M+ from Alameda to buy a nearly 8% stake, or ~56M shares, in Robinhood
FTX founder Sam Bankman-Fried said he and former executive Gary Wang borrowed more than $546 million from Alameda Research to buy …
Customer deposits funds to FTX. FTX loans to Alameda. Alameda buy equities. Alameda receives a margin loan on the equities. Alameda blows the money on meth. Repeat. https://twitter.com/...
The Block
Alameda-linked wallets traded Lido, Polygon, Uniswap, and other tokens for ether and USDT, before swapping for bitcoin, taking their holdings to 47.6 BTC
- Wallets linked to Alameda Research have sold several crypto tokens. — These swaps happened barely days after Sam Bankman-Fried posted bail.
2022-06-02
A lot of NFT influencers are shaking rn https://www.reuters.com/...
CoinDesk
The DOJ charges ex-OpenSea head of product Nate Chastain with wire fraud and money laundering tied to a September 2021 NFT insider trading scheme, a DOJ first
Department of Justice officials say it's the first time they've pursued an “insider trading” charge in digital assets. Source: U.S. Department of Justice .
2022-02-10
All the government had to do was look on TikTok 🤦♂️ https://twitter.com/...
Bloomberg
How the feds caught Heather Morgan and Ilya Lichtenstein as they allegedly attempted, rather sloppily, to launder bitcoin from the Bitfinex hack
Bitfinex laundry — In her public life, Heather Morgan seems to have been the cringiest imaginable sort of crypto-adjacent hustle-bro.
2021-12-03
Quick someone take @square https://twitter.com/...
CNBC
Square is changing its name to Block, effective December 10, and renaming Square Crypto to Spiral, as its business shifts toward technologies like blockchain
Kate Rooney / CNBC :
2021-12-02
Quick someone take @square https://twitter.com/...
CNBC
Square is changing its name to Block, effective December 10, and renaming Square Crypto to Spiral, as its business shifts toward technologies like blockchain
- Payments giant Square will change its corporate name to Block, effective Dec. 10. — The move comes as Square expands beyond …