Argus CEO: Alameda pattern of trading FTX listings 'seems not coincidental'
Alameda Research loaded up on tokens before FTX listed them, potentially gaining an advantageous market position as a result, the CEO of Argus said. Public Ethereum blockchain records available to Argus indicated that Alameda possessed around $60 million allocated in 18 tokens before eventual FTX listings.
Alameda has since shuttered, and FTX filed for Chapter 11 bankruptcy protection last week after the exchange paused withdrawals. The exchange's new CEO called on remaining staff for support as the company sorts out insolvency and how to plug an $8 billion hole in the books. SBF is working with regulators and bankruptcy officials, he said in an interview with the New York Times.
Source
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