How much money did FTX loan to Alameda?

Bankman-Fried showed several spreadsheets to the heads of the company's regulatory and legal teams that revealed FTX had moved around $10 billion in client funds from FTX to Alameda, the two people said. The spreadsheets displayed how much money FTX loaned to Alameda and what it was used for, they said.

How did Alameda research help FTX?

Hedge fund Alameda Research stepped in toshelter FTX from a loss of up to $1bn after a customer trade on the crypto platform blew up last year, highlighting the deep and longstanding links between Sam Bankman-Fried’s digital asset companies.

What happened to FTX's financial buffers in 2021?

In early 2021, a client's leveraged bet on a little-known token called mobilecoin – used for payments in the messaging app Signal – suddenly caused it to spike from to almost $70 from $6, exposing some weaknesses in FTX's financial buffers.

How did Bankman-fried's FTX ties affect Alameda?

It also shows how the ties between Bankman-Fried’s proprietary trading company and his FTX crypto exchange acted as a ballast long before this year’s digital asset market turmoil, when Alameda itself wasbailed out with billions of dollars of loans from FTX as its other lenders retreated.