Alameda Research is a quantitative cryptocurrency trading firm which provides liquidity in cryptocurrency and digital asset markets.
Sam Bankman-Fried (SBF), the founder of FTX who was sentenced to 25 years in prison, stated in a federal prison interview that he "absolutely" hopes to receive a presidential pardon from the U.S. president, but declined to reveal whether his family is lobbying the White House for this purpose.SBF was sentenced to 25 years in prison in March 2024 for the FTX collapse case, after a jury found him guilty on 7 charges including wire fraud and conspiracy. The court determined that FTX customers suffered losses of approximately $8 billion, equity investors lost $1.7 billion, and Alameda Research lenders lost $1.3 billion.However, SBF once again denied misappropriating user funds and claimed that as the crypto market recovers, FTX customers have now received approximately 170% compensation. He stated that FTX was "one of the few platforms with over-collateralized funds," arguing that the criminal prosecution and lengthy prison sentence against him were unjustified.Additionally, SBF also discussed the development of the AI and space industries, expressing regret for missing the AI wave and highly praising Elon Musk's entrepreneurial capabilities. He stated that SpaceX has enormous growth potential and is one of the few companies capable of playing a key role in the space industry. (FOX Business)
According to on-chain analyst Onchain Lens (@OnchainLens), Alameda Research withdrew 162.64 BTC, 274.29 ETH, 315,299 MASK, and 6.877 million USDT from KuCoin over the past two hours, totaling over $20 million in value. Specifically, the BTC is valued at approximately $13.21 million, ETH at around $630,000, and MASK at roughly $168,000.
SpaceX announced today that it has reached a cooperation agreement with AI-powered programming startup Cursor, which has granted SpaceX the right to acquire Cursor later this year for $6 billion—or pay $1 billion to advance their collaboration. According to reports, Cursor’s developer, Anysphere, closed a $400,000 pre-seed funding round in April 2022, co-led by Alameda Research and Heroic Ventures. Alameda invested $200,000 in Anysphere, acquiring approximately 5% equity; this stake was sold at its original price during FTX’s bankruptcy liquidation. Had it not been sold, the stake would now be worth roughly $3 billion.
TechFlow News, April 13: According to Arkham monitoring, Alameda Research has just unlocked and transferred approximately $16 million worth of SOL tokens to an address specifically designated for distributing SOL to creditors. The firm previously conducted a similar operation one month ago. It remains unclear whether the SOL transferred this time will be used for subsequent distribution.