Crypto Markets Today: Exposed Alameda Research Loans to Media Site The Block and Its CEO Adds to FTX’s Miseries

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Alameda Research secretly funded crypto media site The Block and its CEO. Sam Bankman-Fried will testify before the U.S. House Financial Committee. $BTC clung to $17K, trading about flat over the past 24 hours. _jocelynyang_ reports

after the loans came to light. He will also step down from The Block's board.except for McCaffrey, according to the company.for a total of $43 million from 2021 through this year, The Block confirmed.effective immediately, according to the report.

the newsroom or research teams, particularly in their coverage of SBF, FTX and Alameda Research,” Moran said in a statement., said in a tweet that he was"gutted by this news,” which was briefed to the company Friday afternoon, adding that McCaffrey"kept every single one of us in the dark."

 

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_jocelynyang_ Did they secretly fund you as well?

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Sam Bankman-Fried’s Alameda Research Secretly Funded Crypto Media Site The Block.SBF_FTX’s Alameda Research secretly funded crypto media site The Block, the company confirmed on Friday. Its CEO immediately resigned. By NelWang SBF_FTX NelWang People who deal with crypto need to watch sesame street again
Source: CoinDesk - 🏆 291. / 63 Read more »

The Block CEO resigns after failure to disclose loans from Bankman-Fried’s AlamedaBobby Moran, The Block’s chief revenue officer, will step into the role of CEO, effective immediately. Nice he should go to prison too! This is an extremely disappointing development. The block thickens
Source: TheBlock__ - 🏆 464. / 53 Read more »

The Block CEO showed ‘serious lack of judgment’ in taking loans from FTX’s Sam Bankman-Fried and not disclosing themThe Block announced that Michael McCaffrey stepped down as CEO after failing to disclose loans from FTX affiliate Alameda Research. “The Block CEO showed ‘serious lack of judgment’ ” People fail to understand that the main forcing-function for crypto was to circumvent the law. Judgement indeed. Yeah, 'loans'. Zero credibility left. Zero.
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Alameda High School breached by intruders in separate incidents; arrest madeThe campus of Alameda High School on Tuesday was breached by two men in separate incidents described by school officials as 'disturbing.'
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Suspect held after touching girl and trying to kiss another at Alameda HighA suspect has been arrested for touching the face of a girl at Alameda High School and then trying to kiss another girl, police said Wednesday.
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Food For Bay Area Families: Alameda County Community Food Bank check presentationThe Bayer Foundation presents a check for $125,000 to the Alameda County Community Food Bank (12-7-2022) Good stuff. 1. these white male are {kkk mad} about {the real orals sex education}, they need to be on a kkk watch in two places {Employment and corrupt police} they are using foreigner against black Americans { black Americans get behind the UNITED STATES CONSTITUTION} and stay there
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