Alameda Research to wind down trading, founder Sam Bankman-Fried says


FILE PHOTO: FTX CEO Sam Bankman-Fried poses for a picture, in an unspecified location, in this undated handout picture, obtained by Reuters on July 5, 2022. FTX/Handout via REUTERS

(Reuters) - Trading firm Alameda Research is winding down operations, founder Sam Bankman-Fried said in a tweet on Thursday.

(Reporting by Niket Nishant in Bengaluru; Editing by Shinjini Ganguli)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Hertz Global eyes worst day on record as EV rental business falters
EU court adviser backs data privacy activist Schrems in Meta fight
Spotify says Apple has rejected its app update with price information for EU users
Amazon to invest $11 billion in Indiana to build data centers
IBM falls as enterprise-spending constraints choke consulting demand
Net neutrality rules to be restored in US agency vote
India's Tech Mahindra misses Q4 revenue view on weak communications segment
Explainer-Where are Wall Street's analyst notes on Trump's Truth Social?
AI spending worries cast gloom over Alphabet, Microsoft
Electric cars and digital connectivity dominate at Beijing auto show

Others Also Read