No longer operating — historical profile
Alameda Research is no longer operating as a cryptocurrency trading firm. This page is retained for historical reference.
In November 2022, its founder announced that Alameda was winding down trading, as reported by Reuters. Alameda entities subsequently entered bankruptcy proceedings alongside FTX. Estate administration, litigation and asset recoveries are distinct from a resumption of the former trading business.
Historical company profile
Alameda Research was a cryptocurrency trading and investment firm established in 2017. Its activities included quantitative trading, market making, arbitrage, derivatives and investments in digital asset businesses. These descriptions refer to the former operating business, which ceased trading in November 2022.
Leadership and ownership
The SEC’s December 2022 complaint identifies Sam Bankman-Fried and Gary Wang as co-founders and records their equity interests as 90% and 10%, respectively. Bankman-Fried served as Alameda’s CEO until around October 2021. Caroline Ellison and Sam Trabucco then became co-CEOs; Ellison became sole CEO around August 2022 after Trabucco’s departure. Her employment ended in November 2022. The team entries below are historical roles.
Trading and investments
Alameda traded on centralized and decentralized markets and invested in companies and token projects. Historical investee announcements include UpBots in August 2020 and GamesPad in November 2021. These historical relationships do not establish that Alameda’s estate still owns the investments or provides services to those projects. The Portfolio section is a selection of linked profiles, not a complete inventory of estate assets.
Relationship with FTX and collapse
Alameda’s relationship with FTX went beyond ordinary exchange trading. In its March 2024 sentencing announcement, the U.S. Department of Justice described the diversion of FTX customer funds through Alameda to repay lenders, finance investments and fund other spending. Bankman-Fried was convicted of fraud and conspiracy and received a 25-year prison sentence in March 2024.
CryptoSlate covered the withdrawal of Alameda’s public website during the November 2022 collapse. The former company domain did not resolve when checked in November 2026. Its surviving social pages are historical references and do not demonstrate that the trading business has resumed. This profile does not offer an active trading, investment or customer-support service.
