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According to Bahamian court records filed on Dec. 14, Ryan Salame, the former co-CEO of FTX Digital Markets told the Securities Commission of the Bahamas (SCB) on Nov. 9 that FTX was sending customer funds to its sister trading firm Alameda Research.He also told the SCB only three people had
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The former co-CEO of Alameda Research took steps to distance himself from the firm by saying in August he had not acted as chief executive for months prior to announcing his departure Source
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Alameda Research co-CEO Sam Trabucco announced his resignation Wednesday on Twitter. Trabucco said co-CEO Caroline Ellison will become CEO, and he will remain in the capacity of adviser. Alameda Research is the quantitative trading company set up by FTX crypto exchange founder Sam Bankman-Fried in 2017.In a long thread titled
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Co-CEO of crypto trading firm Alameda Research Sam Trabucco is stepping down from his leadership role and becoming an adviser, Trabucco tweeted Wednesday. Like crypto exchange giant FTX, Alameda was started by Sam Bankman-Fried, and the company operates a vast network of trading, yield farming, startup investments and market making. Original
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FTX Co-CEO Donates $4M to Republican PAC Ahead of Midterm Elections Original Source
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Just weeks after announcing the departure of the company’s co-founder, Micree Zhan, Bitmain’s chief executive officer Wu Jihan has taken full control of crypto mining equipment manufacturer. Jihan held a private client meeting last weekend for the first time since Micree Zhan left and addressed Bitmain’s executives regarding the company’s
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Circle laid off about 10 employees in its latest effort to cut costs. The move follows a round of 30 layoffs in May. Source
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Sean Neville, co-founder of Circle, is stepping down as co-CEO six years after founding the crypto trading and payments startup with Jeremy Allaire. Source
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