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Just-In: SBF’s Alameda Research Website Is Down

The website was either taken down or made private only a day after the news broke of Binance intending to buy FTX.com
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Just-In: SBF’s Alameda Research Website Is Down

Sam Bankman-Fried’s Alameda Research website has gone dark in the wake of  FTX’s liquidity crunch and plans to get acquired by rival exchange Binance.

Alameda Research is the principal trading firm of the FTX exchange and is headed by CEO Caroline Ellison.

Also, FTX Ventures — the VC arm of FTX has been pulled down as well under mysterious circumstances.

However, FTX’s official site, as well as FTX US’s website, remain functional.

FTT, the native token of the FTX exchange, is almost on a death spiral by losing over 85% of its value in the last 7 days. According to many industry experts, FTT might rock bottom at $1 or even lower than that if the situation worsens. Already, there are talks that Binance might not after all go ahead with the buyout deal after its initial review into the beleaguered exchange.

Currently, it trades at $3.2 at the time of writing.

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Pratik Bhuyan

Pratik has been a crypto evangelist since 2016 & been through almost all that crypto has to offer. Be it the ICO boom, bear markets of 2018, Bitcoin halving to till now - he has seen it all.

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