How did Alameda get its capital?

Its capital came from a mix of the group’s own funds and high-interest cryptocurrency loans from wealthy investors, according to a 2018 firm presentation viewed by The New York Times and people briefed on the firm’s operations. In recent years, Alameda struck bigger financing agreements with other crypto trading firms, the people said.

What is Alameda the hedge fund that brought down FTX?

What is Alameda, the hedge fund that brought down FTX? Alameda Research, a hedge-fund-like crypto trading house that Bankman-Fried launched in 2017, played a pivotal role in FTX's downfall.

Who founded Alameda & what did he do?

Mr. Bankman-Fried co-founded Alameda in Berkeley, Calif. His scrappy team of traders in their 20s worked around the clock, showering in the locker room of the gym of the four-story building where Alameda had its headquarters.

Is Alameda insolvent?

Earlier this year, rumors began circulating of Alameda’s insolvency after Terra’s LUNA, an algorithmic stablecoin; the crypto bank Celsius; and Three Arrows Capital, the hedge fund, each failed, said Cory Klippsten, founder and CEO of Swan Bitcoin, a financial services company.