Sam Bankman-Fried is expected to plead not guilty to fraud charges relating to the collapse of digital assets exchange FTX and related cryptocurrency hedge fund Alameda Research at a court hearing on Tuesday, according to a report by Reuters. The
British hedge fund trader Sanjay Shah is to be extradited from the UAE to Denmark to face money laundering and fraud charges following a ruling by the Dubai Court of Appeal, according to a report by Bloomberg. The court overturned
The Managed Funds Association, the trade association for the global alternative asset management industry, has submitted a comment letter to the US Securities and Exchange Commission suggesting several changes to a proposed Treasury clearing protocol.
The former boss of failed digital assets hedge fund Alameda Research and another senior executive associated with Sam Bankman-Fried’s collapsed digital assets empire have pleaded guilty to multiple criminal charges, according to a report by CNN.
AQR Capital Management is among a group of hedge funds and other traders who have asked a British judge to force the London Metal Exchange to hand over phone transcripts and meeting notes about its decision to cancel nickel trades
Hedge funds have are to come under increased scrutiny from the Financial Conduct Authority, the UK financial markets watchdog following the pension crisis in late September, according to a report by Reuters.
The US Commodity Futures Trading Commission has filed a lawsuit against hedge fund Glen Point Capital and its founder Neil Phillips over an alleged scheme to illegally trigger payouts on two options contracts totalling $30 million.
Sam Bankman-Fried, the founder of failed crypto currency exchange FTX and trading firm Alameda Research, has been arrested in The Bahamas at the request of the US government, according to a statement by Attorney General of the Caribbean country.
Proposed changes to current Form PF requirements are “a fundamental rewrite of the form that undermines regulators’ ability to accurately identify and assess systemic risk”, according to the Managed Funds Association, the trade association for the global alternative asset management
Kevin Kang, the co-founder of crypto hedge fund BKCoin was fired in October for allegedly misappropriating $12 million in investor money from three of the firm’s multi-strategy funds, according to a report by CoinDesk.
