Bitcoin (BTC) $77,450.39 -0.89%
Ethereum (ETH) $2,128.15 -2.38%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 85.172048 -1.58%
Cardano (ADA) $0.25 -1.24%
Chainlink (LINK) $9.55 -1.71%
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Polygon (MATIC) 0.25693 2.45%
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Dogecoin (DOGE) $0.00 -0.18%

Cryptocurrencies: 28952

Markets: 114033

Market Cap: $2,574,066,940,965

24h Vol: $57,029,102,553

Bitcoinist

2022-12-04 05:57:44

Report Suggests Alameda Rescued FTX By Covering $1 Billion Trade Loss in 2021

Report Suggests Alameda Rescued FTX By Covering $1 Billion Trade Loss in 2021

The crash of FTX left the market in disarray after it halted withdrawals and filed for bankruptcy. Apart from FTX, other firms also filed for bankruptcy due to the loss of funds in the exchange. During the filing, the crypto market learned that the firm didn’t have a proper structure to manage its operations. That’s

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