What do Alameda, FTX, and Sam Bankman-Fried Have in Common?
Bloomberg Crypto27 Sep 2022

What do Alameda, FTX, and Sam Bankman-Fried Have in Common?

You may have heard of cryptocurrency exchange FTX and you may have heard of its CEO and Founder, Sam Bankman-Fried. But have you heard of Alameda Research?

It’s not a Silicon Valley robotics lab but it is one of the largest and most influential cryptocurrency trading firms in the world. Founded by Sam Bankman-Fried and operating with a modest team of 30 employees, Alameda pocketed over $1 billion dollars in profit last year. The firm and its employees have, for the most part, preferred not to draw too much attention. In recent months though, it’s gotten harder for Alameda to fly under the radar, as the collapse of crypto has revealed a tangle of connections between Alameda, FTX and the broader virtual currency markets.

But as Alameda’s influence spreads and connections emerge, so have concerns over potential conflicts of interests.

Bloomberg reporter Hannah Miller joins guest host and Bloomberg crypto senior editor Anna Irrera in this episode to untangle these connections.

See omnystudio.com/listener for privacy information.

Episoder(224)

Cloudy With A Chance of Crypto Winter

Cloudy With A Chance of Crypto Winter

You could argue that crypto is no stranger to a recession: in fact, it was the financial crisis of 2008 that birthed the idea of Bitcoin In the first place. But this recession is a little different: i...

18 Jul 202212min

From the Editors’ Desk

From the Editors’ Desk

Every day, around the world, the reporters and editors who work on crypto at Bloomberg wake up (often at the crack of dawn) and start figuring out how we’ll tackle the biggest and most important news ...

15 Jul 202219min

Who Owns All the Bitcoin?

Who Owns All the Bitcoin?

Since the founding document that led to the invention of Bitcoin first appeared in 2008, Bitcoin’s true believers have adopted a philosophy that resembles “one for all and all for one." Bitcoin is oft...

14 Jul 202220min

The Hunt For Zombie Coins

The Hunt For Zombie Coins

If you want an example of the intense optimism of certain crypto investors, here’s one: Some investors are still buying the token known as Luna Classic, which has flatlined towards zero in the afterma...

13 Jul 202217min

Is There Value In Crypto’s Volatility?

Is There Value In Crypto’s Volatility?

Depending on who you ask, crypto’s volatility is either a bug or a feature. Wild, unexpected or aggressive price swings make this an asset class that is ill suited to anyone who’s less experienced at ...

12 Jul 202215min

Jumping Into Crypto

Jumping Into Crypto

Jump Crypto burst onto the scene less than a year ago, with the appointment of a former intern named Kanav Kariya as its founding president. Within just a few months, Jump Crypto has found itself spen...

11 Jul 202217min

Regulation Through Taxation in India

Regulation Through Taxation in India

It feels like every country in the world is figuring out how they want to regulate crypto - or if they’ll even allow it to exist at all.  India is seen as one of the fastest-growing markets for crypto...

8 Jul 202218min

Are Your Baseball Cards on the Blockchain?

Are Your Baseball Cards on the Blockchain?

Sorare is one of several companies attempting to take the idea of collectibles like baseball cards and bring them into the digital context. In May, Sorare announced a partnership with Major League Bas...

7 Jul 202219min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
lydartikler-fra-aftenposten
forklart
aftenpodden-usa
popradet
stopp-verden
i-retten
dine-penger-pengeradet
fotballpodden-2
det-store-bildet
rss-gukild-johaug
nokon-ma-ga
hanna-de-heldige
rss-ness
aftenbla-bla
e24-podden
rss-dannet-uten-piano
grasoner-den-nye-kalde-krigen
frokostshowet-pa-p5