JAKARTA Crypto trading service company Alameda Research is reportedly affected by the drop in the price of the FTT token. During the search, the official website of Alameda Research, alameda-research.com, could not be accessed by the public. In a statement on its website, the site has been prioritized.
For information, Alameda Research is a company founded by FTX CEO Sam Bankman-Fried (SBF). It is a partner company FTX which some time ago sold their stablecoins worth IDR 4.5 trillion on the crypto exchange FTX.
According to a CryptoSlate report, Sam Bankman-Fried has placed the Alameda Research website into a 'private mode'. Squarespace's hosted website was updated on November 9 to be seen only by members of the internal team without public announcements.
For your information, Sam Bankman-Fried owns about 90 percent of the company since 2021. The Alameda Research company is led by CEO Caroline Ellison who recently commented on Binance boss Changpeng Zhao's statement that he plans to sell all of the FTT token holdings. Ellison stated that Alameda would buy the FTT tokens that Binance sells.
The report also states that the FTX Ventures web is experiencing the same fate, as it appears that the DNS setup has been updated to stop loading the site. A statement from the page states, "This site cannot be reached," because the DNS address could not be found. This error occurred when the incorrect website DNS setup was configured to direct to the incorrect server.
The cached version of the Alameda website is still available via WayBackMachine, which shows core team CEOs Caroline Ellison and CTO Nate Parke, along with several traders and advisers, including former Co-CEO Sam Trabucco.
Ellison's latest update on Twitter regarding the Alameda balance sheet was prior to the announcement of Binance's acquisition. The CEO stated that the company has more than $ 10 billion assets and has reversed most of our current loans."
Despite all that, the crypto market is currently affected by the drop in FTT tokens and the condition of FTX which is experiencing a liquidity crisis. Changpeng Zhao's largest crypto exchange company has also recently reportedly failed to acquire FTX after conducting an internal check of FTX's financial condition.
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