Alameda Research Gave a $1 Billion Personal Loan to SBF
Alameda Research, the hedge fund set up by SBF that secretly shared much of the money from FTX, gave out billions of dollars in loans—including to SBF himself. The bankruptcy filing from Thursday notes that many of those loans are now outstanding. In one case, the document notes “one [loan was given] to Mr. Bankman-Fried, of $1 billion.” Another loan of $543 million was given out to the Nishad Singh, the co-founder of FTX.
