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ETH $2,289.65 -4.34%
BNB $624.22 -2.27%
XRP $1.39 -3.42%
SOL $84.15 -4.00%
TRX $0.3239 +0.05%
DOGE $0.0995 -0.67%
ADA $0.2473 -2.65%
BCH $447.52 -1.89%
LINK $9.27 -2.75%
HYPE $41.05 -5.09%
AAVE $97.04 -2.17%
SUI $0.9289 -2.93%
XLM $0.1650 -4.25%
ZEC $348.96 -2.74%

$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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