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bankmanfried declared alameda new report pepe unchain Bnb Eth XRP crypto futures coinbase futures binance futures

Why did Bankman-fried ask FTX to stop Alameda from being liquidated?

Bankman-Fried testified he asked Wang and FTX chief engineering officer Nishad Singh to prevent Alameda from accidentally being liquidated, but did not know at the time that what his colleagues put in place was a feature that allowed Alameda to carry a negative balance.

What happened to Alameda & FTX?

An eventful few days ensued, which ended in Alameda’s and FTX’s bankruptcy. We saw a remarkable text from Ellison as the collapse was happening. “This is the best mood I’ve been in a year tbh,” Ellison messaged Bankman-Fried. It’s not clear what date the screenshot came from, though Bankman-Fried was the source.

Did Bankman-fried's girlfriend falsify Alameda's balance sheets?

Ellison, who was Bankman-Fried's former on-and-off girlfriend, testified on Oct. 11 that he directed her to falsify Alameda's balance sheets to keep lenders at bay during a June 2022 crash in crypto markets.

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