Alameda owes two Australian law firms $250k and a huge Bahamas bar tab

Bankrupt quant trading firm Alameda Research owes two Australian law firms nearly $250,000 in unpaid legal bills, and what appears to be an $80,000 bar tab at a Bahamas beach resort, according to the latest court documents.

Alameda Research and FTX are both owned by Sam Bankman-Fried, a 30-year-old entrepreneur who had established what lawyers have called a “Advertisement The lifestyles of the FTX and Alameda employees have been under scrutiny since the collapse three weeks ago of what had been the world’s third-largest crypto exchange.

I find it difficult to feel sorry for these legal firms - particularly with all the red flags surrounding crapto and kids. Fees before fiduciary!

Faux-bono

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Alameda owes two Australian law firms $250k and a huge Bahamas bar tabBankrupt quant trading firm Alameda Research owes Piper Alderman and Herbert Smith Freehills nearly $250,000 between them, according to the latest court documents.
Source: FinancialReview - 🏆 2. / 90 Read more »