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Cryptocurrencies: 30359
Markets: 109462
Market Cap: $2,684,739,922,049     
24h Vol: $86,906,388,276
Cryptela — Cryptocurrency News and Market Intelligence
CoinDesk 2022-12-02 15:42:44

Alameda Research Shouldered FTX Loss of Up to $1B Following Client's Leveraged Trade in 2021: FT

Alameda Research Shouldered FTX Loss of Up to $1B Following Client's Leveraged Trade in 2021: FT
Alameda Research bore the brunt of a $1 billion loss incurred by its sister firm FTX after a leveraged trade on the now bankrupt crypto exchange backfired early last year, the Financial Times reported Friday.
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