Cryptocurrencies
Sam Bankman-Fried’s Alameda Research Draws Increasing Attention
As the trading firm’s influence spreads and connections come to light, so have concerns over potential conflicts of interests.
The ties between Sam Bankman-Fried’s Alameda and crypto exchange FTX have raised questions.
Photographer: Jeenah Moon/BloombergThis article is for subscribers only.
You may have heard of cryptocurrency exchange FTX and you may have heard of its CEO and Founder, Sam Bankman-Fried. But have you ever heard of Alameda Research?
No, it’s not a Silicon Valley robotics lab. It’s one of the largest and most influential crypto trading firms in the world. Alameda was founded by Sam Bankman-Fried, or SBF as he’s known. The trading firm operates out of the Bahamas along with the rest of his empire.