Last Updated on September 3, 2023 by Bitfinsider
Over $900 million in transfers to Sam Bankman-Fried labelled simply as “Cash Payment,” $15.5 million in cash transfers, and a single $3.5 million transfer to ex-Alameda CEO Caroline Ellison were included on the list.
The list also included a $2.5 million payout to ex-Alameda co-CEO Samuel Trabucco to the American Yacht Group. When he announced his resignation from the company a few months before it went bankrupt, the trader stated that he had recently purchased a yacht. Ellison commented at the time, “I hope he has a great time on his boat!”
Other Alameda employees referenced in the documents include co-founder Gary Wang and former engineering director Nishad Singh, both of whom have pleaded guilty and are anticipated to testify against Bankman-Fried, and former FTX co-CEO Ryan Salame, who is not expected to testify.
Hardware wallets are safe and secure devices that can be used offline. They keep your cryptocurrency offline, making it impossible for you to be hacked. To find out more on the leading hardware wallets, you may view our reviews here: Ledger & Trezor
Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.