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crypto

Alameda Research Loaned Sam Bankman-Fried $3.3 Billion

By
Aidan Ryan
· · Source: The Information

New filings in crypto exchange FTX’s bankruptcy case revealed that Alameda Research loaned co-founder Sam Bankman-Fried $3.3 billion. The $3.3 billion included a $1 billion loan to Bankman-Fried and $2.3 billion to Paper Bird Inc., a Delaware-based company owned entirely by Bankman-Fried, according to a Miami-Dade County resolution approving the naming rights to FTX Arena. Paper Bird also...

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