FTX bankruptcy filing analysis (Call in Show)

Alameda Research, the trading arm of Sam Bankman-Fried's crypto empire, loaned him and other companies under his control $3.3 billion, according to documents filed as part of FTX's bankruptcy proceedings.

A loan of $1 billion went directly to Bankman-Fried, the filing said, while $2.3 billion went to Paper Bird Inc., which he owns a majority stake in. Other employees at FTX also received loans from Alameda, including $543 million to head of engineering Nishad Singh and $55 million to head of FTX digital markets Ryan Salame.

https://markets.businessinsider.com/news/currencies/ftx-news-alameda-research-lent-sbf-33-billion-cryptos-hodl-2022-11

#ftx

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