Alameda Research LLC – Page 14

FTX Assets Still Missing as Firm Begins Bankruptcy Process

A substantial amount of the company’s assets are missing, an FTX lawyer told a bankruptcy judge on Tuesday.

The dramatic collapse of the crypto exchange continues to reverberate throughout the industry.

Alameda Research was Sam Bankman-Fried’s first company. He built FTX partly to help Alameda’s trading business. Then things got out of control.

Deep-pocketed conservatives, including Stephen A. Schwarzman and Kenneth C. Griffin, said they plan to back alternatives to the former president.