Alameda Research, FTX Ventures Websites Go Dark
The websites were either taken down or made private only a day after news broke that Binance had signed a letter of intent to purchase its cash-strapped rival exchange.
Updated May 9, 2023 at 4:02 a.m. UTC
Two websites tied to the Bahamas-based crypto exchange FTX have gone dark in the wake of the latter’s liquidity crisis and the subsequent news that it plans to be acquired by rival exchange Binance.
The website for FTX Ventures, the venture capital arm of FTX, and Alameda Research, the quantitative trading firm founded by FTX CEO Sam Bankman-Fried, have both been taken down or made private since Tuesday.
Alameda Research’s CEO Caroline Ellison has not commented publicly on FTX’s crisis and declined to comment on an earlier CoinDesk scoop that much of Alameda’s assets were made up of FTX’s native FTT token, the price of which fell 80% Tuesday.
FTX’s main site, as well as FTX US’s website, remain operational.