Frank Chaparro

Report Shows Crypto News Publication The Block Was Secretly Funded by Bankman-Fried’s Alameda

December 9, 2022 Bitcoin.com

Alameda

On Dec. 9, 2022, Axios reporter Sara Fischer reported on the CEO of the crypto media The Block after it was discovered that the chief executive was secretly funded by Alameda Research, the now-defunct trading firm co-founded by Sam Bankman-Fried. According to the report, sources say The Block executive Michael McCaffrey received $16 million in […]

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XRP Price Watch: XRP Stuck in Limbo—Explosion or Breakdown Next?

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

December 5, 2022 Bitcoin.com

Alameda Balances

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 […]

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XRP Price Watch: XRP Stuck in Limbo—Explosion or Breakdown Next?

Report: A British Virgin Islands Court Order Liquidates Crypto Firm Three Arrows Capital

June 29, 2022 Bitcoin.com

3AC

According to a recent report from Sky News citing a source familiar with the matter, “cryptocurrency insiders” have said that the troubled crypto hedge fund Three Arrows Capital (3AC) has been formally liquidated by a British Virgin Islands (BVI) court. The report does not disclose what type of assets face liquidation, but the sources remarked […]

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XRP Price Watch: XRP Stuck in Limbo—Explosion or Breakdown Next?

Report: Crypto Hedge Fund Three Arrows Capital Pitched a GBTC Arbitrage Trade Before Rumored Collapse

June 22, 2022 Bitcoin.com

3AC

Last week there was a lot of focus on the crypto hedge fund Three Arrows Capital (3AC) as the firm allegedly had a great deal of leveraged positions liquidated and there’s been speculation about insolvency. According to a recent report, 3AC’s over-the-counter (OTC) operation TPS Capital pitched a GBTC arbitrage opportunity before the company reportedly […]

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XRP Price Watch: XRP Stuck in Limbo—Explosion or Breakdown Next?

Report: Three Arrows Capital Liquidated for Millions, Sources Say Crypto Hedge Fund May Face Insolvency

June 15, 2022 Bitcoin.com

3AC

According to “well-placed sources,” speaking with The Block reporter Frank Chaparro, the digital currency hedge fund known as Three Arrows Capital (3AC) may be facing insolvency after significant liquidations. Sources say that the 3AC “liquidation totaled at least $400 million” and the hedge fund’s founder Su Zhu tweeted about “communicating with relevant parties” Tuesday evening […]

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XRP Price Watch: XRP Stuck in Limbo—Explosion or Breakdown Next?

Axie Infinity Co-Founder Says Blockchain Game Plans to Launch a Decentralized Exchange

October 3, 2021 Bitcoin.com

Axie Infinity

Sky Mavis, the team that created the Ethereum-powered non-fungible token (NFT) game Axie Infinity, revealed the project plans to launch a decentralized exchange (dex), according to the company’s co-founder Jeff Zirlin during a podcast with Frank Chaparro. Moreover, Axie Infinity recently captured over $2 billion in NFT sales, making it the second-largest project in terms […]

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XRP Price Watch: XRP Stuck in Limbo—Explosion or Breakdown Next?