Alameda will stop crypto trading: SBF

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."


THE SCOOP

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and Privacy Policy

THIS IS A DEVELOPING STORY. 


© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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.

Editor

To contact the editor of this story:
Colin Wilhelm at
[email protected]