According to recent reviews, a large portion of Alameda Research’s $14.6 billion assets is comprised of FTT tokens, the native cryptocurrency of cryptocurrency exchange FTX, of which Sam Bankman-Fried is CEO.
In a special report from CoinDesk, the directors of Sam Bankman-Fried Alameda Research‘Fame 14.6 billion It was claimed that it had assets, but the balance sheet of these assets was blurred. According to the presented report, billionaire Sam Bankman-Fried’s cryptocurrency empire is officially divided into two main parts. In these two main sections, giants in their own sectors FTX and Alameda Research.
A significant portion of Alameda Research’s billion-dollar balance sheet comes from FTX. FTT token includes assets. According to financial reports, Alameda’s $14.6 billion balance sheet $3.66 billion part “unlocked FTT“creates tokens. The company’s 8 billion dollars It has more FTX tokens under its financial obligations. As part of these $292 million “locked FTT” token. Further down the list, $92 million “unlocked Left (LEFT)“, $863 million “locked LEFT” is seen.
While this is not legally wrong or wrong on its own, Bankman-Fried is largely offered by a sister company rather than an independent entity such as a fiat currency or another cryptocurrency from trading giant Alameda. It is noteworthy that it is based on a crypto asset. This adds to the evidence that the ties between FTX and Alameda are unusually close.