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BTC $64,178.21 -0.90%
ETH $1,878.79 -2.11%
BNB $575.98 -0.76%
XRP $1.09 -1.51%
SOL $75.87 -1.86%
TRX $0.3230 -0.58%
DOGE $0.0730 -1.39%
ADA $0.1633 -0.75%
BCH $222.03 -2.23%
LINK $8.44 -0.89%
HYPE $62.39 -7.02%
AAVE $92.22 -4.42%
SUI $0.7485 -0.40%
XLM $0.1903 +1.08%
ZEC $539.23 -6.65%

$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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