Alameda will stop crypto trading: SBF

Companies • November 10, 2022, 9:24AM EST

Quick Take

Sam Bankman-Fried tweets that Alameda will wind down trading.

Sam Bankman-Fried says on Twitter: "First, one way or another, Alameda Research is winding down trading."

He also denied online allegations of wrongdoing against the firm, writing, "They aren't doing any of the weird things that I see on Twitter--and nothing large at all. And one way or another, soon they won't be trading on FTX anymore."

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About Author

Christiana is a long-time journalist who has written about markets in the Americas, politicians who stashed cash in their underwear and high-end heels, to name just a few. She previously spent six years at Bloomberg, and her work has appeared in the WSJ, LA Times, Insider, Vogue Business and more. Christiana has a bachelor's degree in English from Pace University and a master's degree in journalism from New York University. She completed a master's degree in media psychology for fun.