What happened to Alameda research?

Alameda Research was a cryptocurrency trading firm, co-founded in September 2017 by Sam Bankman-Fried and Tara Mac Aulay. In November 2022, FTX, Alameda's sister cryptocurrency exchange, experienced a solvency crisis, and both FTX and Alameda filed for Chapter 11 bankruptcy.

Who is Alameda research CEO Caroline Ellison?

In August 2022, the co-CEO of Alameda Research Sam Trabucco resigned from his job and Caroline Ellison became the firm's sole CEO.

Who is Alameda's new co-CEO?

Ms. Ellison commented on her appointment as co-CEO, "In many ways, Alameda is a first of its kind. I'm not only excited to be part of such a dynamic team, but also to have an opportunity to lead this firm into the future alongside Trabucco.

Did Alameda research owe $10 billion to FTX?

According to an anonymous source cited by the Wall Street Journal in November 2022, Alameda Research owed $10 billion to FTX. The source said FTX had lent the trading firm money from customer funds at FTX. Ellison was terminated from her position after FTX and Alameda filed for bankruptcy.