FTX investment arm, Alameda Research merges VC operations
In response to the present crypto bear market, FTX’s investment arm has reportedly merged with Alameda Research for venture capital operations. In an interview, Caroline Ellison of Alameda Research indicated that the merger had already taken place before Sam Trabucco, the company’s previous co-CEO, announced his retirement on Wednesday. This left Ellison as the only […]
Alameda Research reveals buying ‘a lot more’ Bitcoin below $30K
Alameda Research, run by Sam Bankman-Fried, has raised its Bitcoin buying near the pivotal psychological support level of $30,000. On Tuesday, Alameda Research, a Hong Kong-based quantitative trading and liquidity solutions business managed by FTX CEO and founder Sam Bankman-Fried, took advantage of Bitcoin’s (BTC) agonising drop below $30,000, converting it into a so-called “buy the […]