Possible legal filings could show how intertwined FTX and its sister company were, even as CEO Sam Bankman-Fried follows through on his promise to shutter Alameda; bitcoin rally stalls near $17K. TheSamReynolds and JPRubin23 report
A filing from Singapore’s corporate registry has shown that Bankman-Fried and other FTX corporate executives retained key roles at Alameda’s Singapore subsidiary.
This Singapore entity is wholly owned by Alameda’s British Virgin Islands parent. There’s also an Alameda Research entity in The Bahamas, as many of the staff are based on the island. If FTX ends up filing for a U.S. bankruptcy, there will be a document dump, much like in the case of Three Arrows Capital, where all will be laid bare.at what it believes is the FTX empire and the results of their research is impressive.
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