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ETH $2,454.67 -0.30%
BNB $686.91 -1.16%
XRP $1.36 -2.50%
SOL $102.91 -2.33%
TRX $0.3346 -1.73%
DOGE $0.0826 -2.89%
ADA $0.1962 -2.91%
BCH $246.54 -1.11%
LINK $11.27 -1.41%
HYPE $81.12 -2.85%
AAVE $123.19 -2.35%
SUI $0.7233 -2.80%
XLM $0.1757 -2.55%
ZEC $828.87 -2.13%

$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

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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