Cryptocurrency news by Protos

Documents reveal Alameda Research bought FTX stake from Binance


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The 2021 sale of FTX equity owned by Binance in exchange for FTX Token (FTT) and BUSD was purchased by Alameda Research, according to documents distributed as part of the Series B-1 that Protos reviewed. This confirms the reporting about FTX equity being on Alameda Research’s balance sheet as provided by Sam Bankman-Fried to Forbes.

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Cryptocurrency news by ProtosBy Protos