Sam Bankman-Fried Drops New Trial Motion as FTX Portfolio Hypothetical Goes Viral

Sam Bankman-Fried withdrew his pro se Rule 33 motion for a new trial this week, preserving the right to refile after his pending appeal is resolved. Key Takeaways: Sam Bankman-Fried (SBF) withdrew his Rule 33 new trial motion on April 22, 2026, without prejudice, preserving the right to refile after his Second Circuit appeal concludes. … Read more

FTX Sold Cursor Stake for $200K. SpaceX Now Has a $60 Billion Option to Buy It

FTX’s bankruptcy estate sold Alameda Research’s early stake in Anysphere, the startup behind AI code editor Cursor, for $200,000 in 2023. SpaceX announced a $60 billion option to acquire the same company on April 21. Key Takeaways: FTX’s estate sold Alameda’s Anysphere stake for $200K in 2023; it is now worth an estimated $500 million. … Read more

FTX’s Alameda Moves $16 Million SOL in Ongoing Creditor Repayment

Alameda Research has moved $16 million worth of solana tokens after unstaking them, in a transaction linked to creditor repayments. The move mirrors previous transfers tied to FTX’s ongoing restructuring process. Key Takeaways: Alameda moved $16 million worth of SOL to a wallet linked with repayment efforts, signaling ongoing FTX creditor payouts. Alameda still holds … Read more

FTX Star Witness Caroline Ellison Transferred to Community Confinement After 11 Months in Prison

Former Alameda Research CEO Caroline Ellison has been moved from Danbury FCI to community confinement after serving 11 months of her two‑year sentence, a shift the Bureau of Prisons confirmed without disclosing her location. Ellison Moved to Halfway House Caroline Ellison, the former CEO of the defunct venture capital firm Alameda Research and key witness … Read more

Ex-Alameda CEO Caroline Ellison Receives 24-Month Sentence

On Tuesday, Sept. 24, 2024, Caroline Ellison, the former CEO of Alameda Research, was sentenced to 24 months in prison after admitting to her involvement in several crimes. The courtroom banned cameras, video, and phone recordings during the sentencing. Even though the judge commended her in court, saying, “I’ve seen a lot of cooperators in … Read more

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