Mystery of Alameda’s $400 Million Investment Solved: Linked to SBF!

It turned out that the mysterious company, in which the bankrupt Alameda Research invested $ 400 million, was founded by former employees of Jane Street, a private trading firm affiliated with Sam Bankman-Fried (SBF).

The Financial Times, in its report published at the beginning of December, declared that the bankrupt cryptocurrency exchange of FTX sister company Alameda ResearchHe shared ‘s leaked investment list. In the said report, one of the most remarkable investments made by Alameda is “modulogiven to the company named 400 million dollars had happened. At that time Modulo Capital Inc. One of the interesting allegations about actually owned by SBF and this company used to embezzle millions of dollars a front structure was that it was.

Founded in early 2022, Modulo is the same place where Sam Bankman-Fried and other FTX employees live in the Bahamas. in a luxury apartment community was operating. Public files of Modulo based in Bahamas that Bankman-Fried and other FTX and Alameda employees reside in the same luxury apartment complex the one which… from Albany proved to be operating. However, Modulo’s inner face and his identity was a mystery. This mystery led to many speculations in the process. According to the information given to CoinDesk by a person familiar with the subject, Modulo Capital, Jane Streetby two former investors of hedge fund was established as

According to the records, Jane Street is Bankman-Fried’s Before he achieved great success in the crypto industry, he worked It was a private trading firm based in New York. Bankman-Fried was known to have previously hired former Jane Street employees as managers or employees. These hires include former President of FTX.US Brett Harrison The presence of many middle and upper level personnel, includingfamiliar company” revealed that he founded and included people from his past in FTX.

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