Silvergate CEO calls out ‘short sellers’ spreading misinformation

Silvergate Capital CEO Alan Lane has slammed “short sellers” and “other opportunists” for spreading misinformation over the last few weeks — just to score themselves a quick buck.  In a Dec. 5 public letter, Lane said there was “plenty of speculation – and misinformation” being spread by these parties to “capitalize on market uncertainty” caused in part to FTX’s catastrophic collapse in November. His crypto-focused bank was recently forced to deny one of these so-called FUD (fear, uncertainty and doubt) campaigns last week when there was speculation that the firm…

Silvergate CEO Attempts to Address Concerns in Public Letter

“Silvergate conducted significant due diligence on FTX and its related entities including Alameda Research, both during the onboarding process and through ongoing monitoring,” said Lane, noting the lender followed all relevant regulatory procedures when receiving wires directed to Alameda. As is required by both the bank’s own systems and regulations, said Lane, any possible untoward activity was investigated and – if necessary – reported as such. Source

Document Claims Alameda CEO Caroline Ellison’s FTX Margin Position Was Negative $1.3B in May 2022 – Bitcoin News

In a number of recent interviews, the former co-founder of FTX, Sam Bankman-Fried (SBF), explained that he “wasn’t running Alameda” and he “didn’t know the size of their position.” In a more recent discussion with The Block’s Frank Chaparro, SBF explained that auditors were looking at FTX’s corporate financials, but the auditors were “not looking at customer positions and not looking at customer risk.” This week, an FTX insider speaking to Bitcoin.com News under terms of anonymity shared a document that purportedly shows Alameda Research CEO Caroline Ellison’s personal account…

CEO of LYOPAY Luiz Góes on the Cover of IB Magazine

Place/Date: – December 5th, 2022 at 3:32 pm UTC · 3 min read Source: LYOPAY Photo: LYOPAY Who Is the Brazilian Entrepreneur Luiz Góes Luiz Góes is a business executive with a specialization in process management, leadership, and business implementation. He has worked in fintech management and has promoted several digital business consultancies. He graduated with a bachelor’s degree in military science from Academia Militar das Agulhas Negras in 2008, and holds an MBA in public management. He also holds a Medal of Military Merit for excellent services rendered to…

Former FTX CEO May Have Influenced Alameda Research to Invest $1.15B in Genesis Digital

Alameda consulted troubled entrepreneur Sam Bankman-Fried before investing in Genesis Digital. A new report has surfaced about a capital injection of over $1.15 billion that was carried out by Sam Bankman-Fried‘s Alameda Research. This was prior to the time that crypto prices began heading for the rocks. According to the report, the capital, which is Alameda Research’s biggest venture investment to date, was put into Bitcoin mining firm Genesis Digital Assets. Although, according to another Bloomberg report dated December 3, the $1.15 billion investment wasn’t done in a singular instance.…

Alameda Research CEO Caroline Ellison Reportedly Spotted at a Coffee Shop in Manhattan With FTX Dog ‘Gopher’ – Bitcoin News

On Dec. 4, 2022, the Twitter account and citizen journalist called Autism Capital shared two pictures of a woman that closely resembles the Alameda Research CEO, Caroline Ellison. The pictures were taken at a coffee and sandwich shop in Manhattan at 8:15 a.m. (ET). Citizen Journalist Reportedly Spots Alameda’s Caroline Ellison in New York According to a tweet published by the Twitter account dubbed Autism Capital, Alameda Research’s top executive may have been spotted in New York. Autism Capital wrote: “PLEASE CONFIRM: A user claims that they spotted Caroline Ellison…

Elon Musk Suspects Former FTX CEO Sam Bankman-Fried Donated Over $1 Billion to Support Democrats – Bitcoin News

Tesla CEO and Twitter chief Elon Musk says that former FTX CEO Sam Bankman-Fried (SBF) probably donated over $1 billion to support the Democratic Party, which would be a much larger sum than the number publicly disclosed. Many people slammed Musk for making accusations without providing proof. “This statement is so unbelievably irresponsible,” one commented. Elon Musk Believes SBF Donated Over $1B to Democratic Party Tesla CEO and Twitter chief Elon Musk believes that Sam Bankman-Fried (SBF), co-founder and former CEO of the collapsed cryptocurrency exchange FTX, donated much more…

Tesla CEO Elon Musk Kicks Off Delivery of Electric Semi Trucks

Instead of designing the Tesla Semi as either a right or left-hand drive truck, Tesla placed the steering wheels in the center of the vehicle with screens overlaying the sides. Since unveiling the Semi heavy-duty trucks in 2017, Elon Musk, the Chief Executive Officer of the American electric car manufacturing company Tesla Inc (NASDAQ: TSLA) has finally flagged off the deliveries of the vehicles. According to a CNBC report, the flag-off event was done at the company’s factory in Sparks, Nevada alongside Dan Priestly, the company’s senior manager for Semi…

BlackRock CEO Reveals Company’s $24M Investment in FTX

BlackRock is definitely not the last company to talk about the impact of the FTX collapse. Investment management company BlackRock (NYSE: BLK) CEO Larry Fink has revealed that the company is also one of the many affected by the FTX incident. According to Fink, BlackRock invested $24 million in the crypto exchange before its crash. It is no longer news that FTX has totally crumbled and is now under investigation by financial watchdogs. The crypto company’s collapse also affected many- including individual and institutional investors. The BlackRock CEO spoke about…