Does Alameda research get the same treatment as FTX?

You can opt-out at any time. On the same day that Sam Bankman-Fried took to Twitter to defensively claim that the FTX sister company Alameda Research got the same treatment as any other customer, the crypto exchange rolled out a new feature that proved the opposite, FTC cofounder Gary Wang testified Friday.

Did Alameda research use a 'backdoor' to withdraw money from FTX?

Former Alameda Research CEO Caroline Ellison is set to testify today. Months before the collapse of FTX, some of its U.S.-based employees discovered the so-called backdoor that Alameda Research allegedly used to withdraw billions of dollars of customer funds from the cryptocurrency exchange, people familiar with the matter said.

Who is Alameda FTX's co-chief executive?

She was named co-chief executive in 2021 when Bankman-Fried gave up the title to focus on FTX, and to avoid questions about conflicts of interest between the two groups. Ellison took sole charge of Alameda last year when Sam Trabucco, a fellow trader, stepped down as co-chief executive.

Did Bankman-fried know about FTX and Alameda's finances?

The testimony contrasts with past claims from Bankman-Fried and his defense team that he did not know or understand how intermingled FTX and Alameda's finances were, placing blame on fellow executives like his ex-girlfriend, Caroline Ellison.