Mt. Gox Transfers $840 Million in Bitcoin to New Wallet
Mt. Gox moves 12,240 BTC, causing a minor Bitcoin price drop. Despite remaining balance of $9.7 billion, legal challenges persist for creditors awaiting repayment.
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Alameda Research
About the Company
Alameda Research, established in September 2017 by Sam Bankman-Fried and Tara Mac Aulay, encountered a solvency challenge in November 2022. Subsequently, both Alameda and its affiliated cryptocurrency exchange, FTX, sought relief by filing for Chapter 11 bankruptcy.
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