Search results for Alameda Research
Crypto
U.S. government moves seized Alameda bitcoin, renewing fears of further sales
A wallet classified as owned by the U.S. government moved some bitcoin linked to seized BinanceUS accounts tied to Alameda Research, renewing market worries about further disposals. The Trump administration’s executive order bars sales of bitcoin placed in the strategic reserve, but applies only to certain seized assets held by the Treasury and not needed for legal obligations. Court records list about 683.71 BTC from Alameda-linked accounts, while wrapped bitcoin is treated separately.
Crypto
U.S. government moves seized bitcoin from Alameda accounts, sale in focus
The U.S. government moved some bitcoin seized from accounts linked to Alameda Research, drawing market attention to whether the holdings will be sold. Blockchain analytics firm Arkham detected the transfer but did not view it as a sale and did not specify the destination. The market is watching after repeated transfers of seized FTX and Alameda assets in recent months, including altcoins and hundreds of millions of dollars in crypto moved to Coinbase Prime.
Crypto
SpaceX valuation surge raises hopes of more FTX creditor repayments
A surge in SpaceX’s valuation is raising expectations that creditors of bankrupt crypto exchange FTX could receive additional repayments, as FTX previously gained exposure to SpaceX through investments linked to venture capital firm K5 Global. Creditors point to SpaceX’s sharp rise in valuation and estimates that related assets could be worth billions of dollars, though dilution may reduce that figure. FTX’s repayment process is already well advanced, but the estate has not outlined any plan for the SpaceX-linked holdings.