Alameda Research Covered a $1 Billions Loss for FTX in 2021

FTX’s sister trading desk, Alameda Research, bailed out the exchange before it suffered a possible $1 billion trade loss in early 2021.

This news comes amid claims from former FTX CEO Sam Bankman-Fried that FTX and Alameda were independently operated firms.

Alameda FTX

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Alameda Research Covered a $1 Billions Loss for FTX in 2021

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Nobel laureate in economics: Stablecoins are “under-regulated” and governments could be forced to provide billions of dollars in bailouts if they collapse in a financial crisis

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BitradeX Token (BTX) Officially Listed on CoinMarketCap with Real-Time Market Data Now Available

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