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ETH $1,666.87 +4.73%
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DOGE $0.0854 +2.46%
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AAVE $62.71 +0.91%
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XLM $0.2003 -4.89%
ZEC $430.40 +13.55%

$2.5 million of FTX customer funds was used to purchase a yacht for the former co-CEO of Alameda Research

2023-09-03 10:28:04
Collection

ChainCatcher news, documents submitted by FTX creditors represented by current CEO John J. Ray III show that Alameda Research transferred over $900 million to FTX founder Sam Bankman-Fried (SBF), including a $15.5 million cash transfer, as well as a $3.5 million transfer to former Alameda Research CEO Caroline Ellison.

Additionally, $2.5 million of FTX customer funds was used to purchase a yacht for former Alameda Research co-CEO Sam Trabucco. Its exact location remains unknown.

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