#ALAMEDA News

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Nearly all FTX customers are getting their money back: What to know

latimes.com Nearly all customers of FTX will get their money back, plus interest, after the cryptocurrency exchange imploded 17 months ago. FTX, which filed for bankruptcy protection in…

FTX to return money to most customers nearly 2 years after collapse

euronews.com Collapsed crypto exchange FTX said it will return money to most customers less than two years after its catastrophic implosion. Fallen cryptocurrency exchange FTX says that…

US Prosecutors Seek 5-7 Years for Former FTX Executive Ryan Salame

cryptonews.com The U.S. prosecutors are pushing for a prison sentence of five to seven years for the former FTX executive Ryan Salame. According to a sentencing memorandum, the attorneys…

State Supreme Court seems poised to leave Prop 22 unchanged

siliconvalley.com By Levi Sumagaysay | CalMatters Based on their line of questioning, California Supreme Court justices seemed to be reaching for a compromise as they heard oral arguments…

Big Weed: Consolidation is changing the face of California cannabis

siliconvalley.com Facing price pressures and fierce competition, California’s vast and fragmented marijuana industry is consolidating, ushering in the era of Big Weed. Legalization was led by…

Genesis Reaches $2 Billion Settlement With New York AG’s Office

bitcoinist.com The New York State Attorney General’s office has secured a $2 billion settlement with Genesis Global Capital, the bankrupt cryptocurrency lending platform. The settlement,…

Another Chinese money laundering scheme tied to Deltec and Tether

protos.com Daren Li and Yicheng Zhang, two Chinese nationals, have been charged with utilizing tether and crypto-friendly bank Deltec to commit money laundering and wire fraud…

‘Soak my Deck’ captain Sam Trabucco sails in for Ryan Salame

protos.com No one seems to know the whereabouts of Sam Trabucco, the once-CEO of Alameda Research who purchased a multi-million dollar yacht named ‘Soak My Deck’ after Alameda…

West Oakland is getting a new food hall. Here’s what we know so far

siliconvalley.com New details — including an Almanac Beer Co. taproom and a night market — were announced this week for the Prescott Market project, a new 12,000-square-foot food hall set to…

Absent Since FTX 2022 Downfall, Sam Trabucco Breaks Silence With Letter Of Endorsement

bitcoinist.com In a recent development, Sam Trabucco, a key figure in Sam Bankman-Fried’s inner circle, has resurfaced after his absence from the public eye following the collapse of…

SBF’s prison sentence marks the end of the crypto grift era

techcrunch.com On Thursday, a federal judge sentenced former FTX CEO Sam Bankman-Fried to 25 years in prison after he was found guilty on seven charges of wire fraud and money-laundering.…

California weed recall sparks warning for people to call their doctor

newsweek.com A weed recall in California has sparked a warning from officials for people to call their doctors if they experience symptoms after using the product. Earlier this month,…

Former Alameda co-CEO Sam Trabucco calls for ‘fair’ consequences for Ryan Salame in character reference

theblock.co Sam Trabucco served as Alameda's CEO along with Caroline Ellison for about a year before resigning in August 2022.

Former FTX Exec Ryan Salame Requests 18 Months Prison Sentence

cryptopotato.com The lawyers of Ryan Salame, a former executive of the bankrupt cryptocurrency exchange FTX, who pleaded guilty to his role in the firm’s collapse, have requested that a…

FTX Gets Backlash Despite Planned Full Repayment Plus Interest

cryptonews.com FTX Gets Backlash Despite Planned Full Repayment Plus Interest The cryptocurrency exchange FTX went bankrupt in November 2022 after a fraud-fueled collapse, leaving its…

Marine cloud brightening climate geoengineering experiment halted

reason.com Atmospheric scientists associated with the University of Washington began a marine cloud brightening experiment in April on the decommissioned aircraft carrier U.S.S. Hornet…

Empire Newsletter: Crypto mixers have their day in court

blockworks.co A new scare tactic Crypto mixers, and those who make them, are having their day in court. Yesterday, Tornado Cash developer Alexey Pertsev was found guilty of money…

Former Top FTX Executive Ryan Salame Requests Court Leniency of 18 Months in Prison

coinspeaker.com Coinspeaker Former Top FTX Executive Ryan Salame Requests Court Leniency of 18 Months in Prison As the United States government attempts to close the FTX case amicably, a…

Ryan Salame Faces Sentencing in FTX Fraud Case: Defense Pleads for Leniency

coinpedia.org Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010.…

Former FTX Executive Ryan Salame Seeks 18-Month Sentence, Citing Cooperation and Remorse

cryptonews.com Ryan Salame, a former executive at FTX who pleaded guilty to election fraud charges in September, is requesting leniency from the court in the form of an 18-month sentence.…

Former FTX Exec Ryan Salame Asks for Lenient 18 Months in Prison

coindesk.com None Attorneys for former FTX executive Ryan Salame are asking for 18 months in prison, citing his cooperation with authorities and remorse. • None They argue that Salame…

Two San Jose office buildings stabilize loan as lender cancels default

siliconvalley.com SAN JOSE — A lender has canceled a loan default involving two San Jose office buildings, a welcome reversal that enables the owners of the buildings to stabilize their…

FalconX Fined $1.7 Million by CFTC for Regulatory Violations

beincrypto.com In a landmark enforcement action, the Commodity Futures Trading Commission (CFTC) has issued fines totaling $1.7 million against FalconX, a prominent crypto prime brokerage…

Big East Bay office property is bought by Silicon Valley real estate firm

siliconvalley.com PLEASANTON — A big office complex in the East Bay has been bought for more than $150 million in a deal that shows investors still hunger for some Bay Area properties despite…

Climate-change research project aboard USS Hornet paused for environmental review

siliconvalley.com The city of Alameda has indefinitely shut down the Marine Cloud Brightening Program — a study based out of the University of Washington and set up on the deck of the U.S.S.…

Bay Area rents are on the rise again

siliconvalley.com Relief was short-lived for Bay Area renters: After nearly a year of stagnation, rents are back on the rise. The San Francisco metro area, which includes San Francisco and…

Why Solana was hit hard by the collapse of FTX? UBS explains

investing.com Swiss banking giant UBS recommends staying cautious with cryptocurrencies, citing a range of macroeconomic and specific industry concerns. Analysts at UBS say that central…

Beloved, once-banned fruit inspires ‘mango mania’ at free tastings in the South Bay

siliconvalley.com These days, mangoes cost about $1 each at your local grocery store. Often sourced from the Philippines or Mexico, they’re increasingly common in stores this month as the…

Sam Bankman-Fried Believes He Was Set Up to Be the Fail Guy

observers.com Sam Bankman-Fried recently had his first interview from the Metropolitan Detention Center in Brooklyn with journalist William D. Cohan. This wasn’t their first meeting; they…

BitMEX Disputes FTX Over Creditor Payment Via Sam Bankman-Fried’s Investment

coingape.com In a contentious turn of events surrounding FTX’s bankruptcy case, BitMEX Research has cast doubt on claims made regarding the credit payment facilitated by Sam…

Behind Bars: Sam Bankman-Fried Talks Prison Life, FTX, and Legal Battles

beincrypto.com In a rare glimpse behind the Metropolitan Detention Center (MDC) iron gates, Sam Bankman-Fried (SBF) shared the stark realities of prison life. The once high-flying CEO of…

Top SBA Loan Recipients in the Bay Area in 2023

bizjournals.com This List includes approved SBA loan recipients in the Bay Area, which is defined as Alameda, Contra Costa, Marin, San Francisco and San Mateo counties. Several recipients…

FTX and Alameda Research Offload Over $97M Crypto in April

coinspeaker.com Coinspeaker FTX and Alameda Research Offload Over $97M Crypto in April For a very long time, bankrupt crypto trading firm FTX Derivatives Exchange and its sister trading…

Crypto Giants FTX and Alameda Research in $97M Sell-Off Frenzy: What’s Next for Investors?

coinpedia.org The post Crypto Giants FTX and Alameda Research in $97M Sell-Off Frenzy: What’s Next for Investors? appeared first on Coinpedia Fintech News Two bankrupt crypto firms FTX…

FTX says it will return money to most of its customers

npr.org FTX says it will return money to most of its customers FTX says that nearly all of its customers will receive the money back that they are owed, two years after the…

FTX And Alameda Liquidate $98 Million In Crypto, More Selloff Coming?

coingape.com In the last month of April, crypto exchange FTX and its sister firm Alameda Research liquidated a substantial portion of its crypto holdings worth $98 million. As we know,…

Arkham Flags FTX And Alameda Wallets For Liquidating $97.35M In Crypto Assets Edit Title

coinpedia.org The post Arkham Flags FTX And Alameda Wallets For Liquidating $97.35M In Crypto Assets Edit Title appeared first on Coinpedia Fintech News FTX and Alameda wallets have…

FTX will return money to most customers less than 2 years after catastrophic crypto collapse

apnews.com FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than…

Sam Bankman-Fried gets 25 years in prison for fraud and money laundering at FTX, ordered to pay $11B in forfeiture

techcrunch.com Sam Bankman-Fried, the co-founder and former CEO of crypto exchange FTX and trading firm Alameda Research, was sentenced to 25 years in prison by Southern District of New…

FTX Gets Ready to Pay “100% of Bankruptcy Claim Amounts” Plus Interest

bitcoinnews.com FTX, the digital asset exchange that collapsed in November 2022, is set to repay its customers in full and even offer additional compensation. This fresh FTX bankruptcy news…

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