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BTC $68,082.17 -2.19%
ETH $2,073.73 -4.10%
BNB $594.51 -2.03%
XRP $1.30 -3.41%
SOL $78.98 -4.29%
TRX $0.3140 -1.14%
DOGE $0.0905 -2.36%
ADA $0.2420 -5.33%
BCH $431.56 -1.73%
LINK $8.61 -4.84%
HYPE $36.08 -3.23%
AAVE $87.93 -9.82%
SUI $0.8660 -4.22%
XLM $0.1554 -3.74%
ZEC $264.35 +3.83%

$2.5 million of FTX customer funds was used to purchase a yacht for the former co-CEO of Alameda Research

2023-09-03 10:28:04
Collection

ChainCatcher news, documents submitted by FTX creditors represented by current CEO John J. Ray III show that Alameda Research transferred over $900 million to FTX founder Sam Bankman-Fried (SBF), including a $15.5 million cash transfer, as well as a $3.5 million transfer to former Alameda Research CEO Caroline Ellison.

Additionally, $2.5 million of FTX customer funds was used to purchase a yacht for former Alameda Research co-CEO Sam Trabucco. Its exact location remains unknown.

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