Sam Bankman-Fried created the cryptocurrency trade FTX on the name of his trading company, Alameda Investigation LLC.
Alameda was making use of Wall Road-style wizardry to the crypto world—and outsiders imagined it was profitable big. But small was regarded beyond the company about its trades, which involved a rewarding early guess involving bitcoin in Japan. Alameda had no exterior buyers and did not disclose its overall performance.
