Alameda Research Transacted Over $50M Since Date of Bankruptcy, With $11M Deposited To Binance. Transactions Still Ongoing

via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/yzf11m/alameda_research_transacted_over_50m_since_date/ I'm no legal expert but I don't think this is how it is supposed to work. Alameda filed for bankruptcy on 11th November. This means that all they preparations and paperwork must have been in order before the actual date of filing. However, since the 11th to date, Alameda wallets have transacted over $50M. […]

Singapore and many EU countries blocked people from using Binance. As a result, all of them ended up on FTX… and got REKT

via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/yt7nr9/singapore_and_many_eu_countries_blocked_people/ In Singapore, Binance was denied license so they had to shut shop. Meanwhile, Singapore's own government fund Temasek invested in FTX, and FTX ran their derivatives offering in Singapore without any problem. Almost all of them got wiped out In France, UK etc, Binance was similarly denied license citing risks. They had to stop […]