Skip to content
  • Home
  • More
    • Enterprise Services
    • Affiliate Program
    • Official Links
    • About
  • MachinaAI

    Login
    • Home
    • News
    • Dashboard
      My Dashboard Equity Dashboard Analyst Dashboard Large Companies Portfolio
    • Smart Reports

Simplify financial decision-making

Machinary offers a modular and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

 

Register now and get free Credits

Sign up

Know the Market. Stay Ahead.

Market Insights & Analytics.

Gain access to a comprehensive retail platform with real-time updates on the stock market and critical financial metrics. Leverage advanced tools for better decision-making:

  • Overview of stock market data:Stay updated with the latest market trends and performance.
  • Monitor AI-based predictions:Access detailed company analytics.
  • Sentiment Analysis:Understand market emotions with AI-driven sentiment insights.
  • Relevance Score:Prioritize information that matters most.
  • Chatbot Integration:Get instant answers and insights through smart AI.
  • Customizable Widgets:Add or remove widgets to tailor your dashboard.
Sign up for early access

Stay Informed. Act Strategically.

Real-Time News Portal.

Unlock actionable insights with categorized, real-time news updates tailored to your needs. Stay ahead in the market with a reliable flow of information:

  • People:Explore updates about key influencers and market leaders.
  • Public Companies:Stay informed on listed corporations and their market activities.
  • Non-Public Companies:Gain insights into the operations of private enterprises.
  • Countries:Understand regional economic shifts and geopolitical trends.
  • Commodities:Monitor pricing and trends for critical commodities like oil, gold, and more.
  • Currencies:Keep track of currency fluctuations and forex market developments.
Sign up for early access

Modular Power. Limitless Potential.

Machinary empowered by MachinaCore

MachinaCore is a highly modular and scalable system that allows users to build custom widgets and tools tailored to their specific financial data needs, while seamlessly integrating with other MachinaLabs products, like Machinary, MachinaAI Modules and MachinaTrader.

Reaching new heights together.

Stay tuned for what’s coming next.

Exciting innovations are on the horizon! Stay tuned as we unveil new advancements designed to empower smarter decisions and greater success in the fast-paced world of finance.

Sign up for early access

Explore tailored enterprise solutions - that make an impact.

Exciting innovations are on the horizon! Stay tuned as we unveil new advancements designed to empower smarter decisions and greater success in the fast-paced world of finance.

Get in touch

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

  • Home
  • News
  • Dashboard
  • About us
  • Contact

Address

  • MachinaLabs AG
  • Viaduktstrasse 42
  • 4051 Basel
  • Switzerland

  • info@machinalabs.net
  • machinalabs.net

Newsletter

Subscription successful!

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Predefined Themes

Layout settings

Choose the font family that fits your app.

Choose the gray shade for your app.

Choose the border radius factor for your app.

Save settings

Welcome to Machina, a platform to connect with the social world

Forgot Password?

Don't have an account?Sign Up

Welcome to Machina, a platform to connect with the social world

Already have an account?Login

  • Home
  • More
    • Enterprise Services
    • Affiliate Program
    • Official Links
    • About

FTX Trial Exposes Alameda’s $8 Billion Debt and Exclusive Benefits

  1. Home
  2. Bobs-News Categories Company News
  3. FTX Trial Exposes Alameda’s $8 Billion Debt and Exclusive Benefits
north america 703 crypto negative
  • bob
  • 2023-10-18
  • Company News
  • Cryptocurrency Exchanges
  • Financial Scams and Security
  • North America
  • Regulatory Developments
Accounting professor Peter Easton provided testimony in the trial of former FTX CEO Sam Bankman-Fried, shedding light on the commingling of funds between FTX and Alameda Research. Easton’s analysis revealed that Alameda used funds from FTX customers to invest in various ventures, resulting in a negative balance of $11.3 billion with FTX in June 2022. Additionally, Alameda repaid $6.6 billion in loans to crypto lenders during the bear market, with 68% of the funds traced back to customer assets. It was also discovered that $228.5 million of customer funds were used to purchase properties in the Bahamas.In another development, evidence presented in court showed that BlockFi had warned its leadership about its over-exposure to FTX Token (FTT) in August 2021. Despite a credit memo advising against a loan to Alameda Research, Alameda continued to increase its borrowings from BlockFi. BlockFi’s founder, Zac Prince, testified that Alameda had always repaid its loans on time until the collapse of FTX in November 2022. However, Prince was unaware that Alameda was using funds from FTX customers to repay the loans. Stress scenarios presented by BlockFi’s team in 2021 predicted a significant drop in the price of FTT if Alameda defaulted.The connection between Alameda and BlockFi began in 2021, with an initial loan of $15 million to Alameda. The loans were repaid, and the relationship between the two companies deepened during the bear market. However, after the collapse of the Terra ecosystem, BlockFi recalled millions in loans from Alameda. BlockFi also entered into an agreement with FTX US for capital and a potential acquisition, but both companies eventually filed for bankruptcy.The downfall of FTX and Alameda Research occurred in November 2022. Binance initially considered acquiring FTX but decided against it due to reports of mishandled funds. Bankman-Fried publicly apologized for the exchange’s collapse, and the entire staff of Alameda Research resigned. FTX, FTX US, and Alameda Research filed for bankruptcy, and Bankman-Fried stepped down as FTX CEO.

This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography North America
Countries
Sentiment negative
Relevance Score 1
People None
Companies Massachusetts Institute of Technology, K5 Global Holdings, Anthropic PBC, Alameda Research, FTX, NFL, Genesis Capital, Terra ecosystem, Modulo Capital, Dave Inc, BlockFi
Currencies Thena
Securities None

Leave a Reply Cancel reply

You must be logged in to post a comment.



 MachinaTrader

A new era of trading and data analytics

Everything in one place. Highly reliable, ultra-scalable and blazingly fast!

Related Links

News Blog
Forums
FAQ
About
Privacy Policy (DSGVO/GDPR)

Our Partners
sygnal logo 40
bullishtimes logo white
© 2023 MachinaLabs AG. All Rights Reserved.
People Who like this post
  • img
img