Alameda/FTX invested heavily in Bitcoin miner Genesis Digital

At the peak of the collapse of the world’s former second-largest cryptocurrency exchange FTX, the disgraced founder, Sam Bankman-Fried, placed his biggest bet with the Bitcoin mining business Genesis Digital Assets. According to a story that was published by Bloomberg on December 2nd, Alameda kept pouring money into the company even though the price of Bitcoin … Alameda/FTX invested heavily in Bitcoin miner Genesis Digital Read More »