Internal doc: Alameda and FTX’s largest venture bet was Bitcoin mining company Genesis Digital, investing a total of $1.15B between August 2021 and April 2022 (Bloomberg)

Ian Allison / CoinDesk:
A financial document details some ties between Sam Bankman-Fried’s FTX and Alameda Research; Alameda’s biggest asset is $3.66B of unlocked FTT, an FTX token  —  Alameda had $14.6 billion of assets as of June 30, according to a private document CoinDesk reviewed.

Financial Times:
A look at how FTX cultivated ties with wealthy Hong Kong families, many of whom invested, and Alameda-owned Genesis Block helped FTX access cash and clients  —  Genesis Block helped Sam Bankman-Fried’s group access hard cash and onboard wealthy clients  —  At Sam Bankman-Fried’s 29th birthday …

CNBC:
Sam Bankman-Fried agrees voluntarily to be extradited to the US, where he faces criminal and civil charges including conspiracy, fraud, and money laundering  —  – Sam Bankman-Fried is set to fly to the U.S., where he faces multiple criminal charges tied to the collapse of his crypto exchange FTX.

Nelson Wang / CoinDesk:
Genesis’ crypto lending unit, which had $2.8B in active loans in Q3, suspends redemptions and new loan originations; trading and custody units are unaffected  —  The unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third quarter of 2022.

Helen Partz / Cointelegraph:
Hours after announcing an emergency deal with Binance, FTX CEO Sam Bankman-Fried deletes a Twitter thread saying the exchange and assets were “fine”  —  Sam Bankman-Fried has deleted a Twitter thread where he tried to assure customers that FTX and the assets on the platform were “fine.”

Andrew Rummer / The Block:
FTX’s Sam Bankman-Fried insists the exchange is “fine” after Binance begins selling FTX’s FTT; a recently leaked Alameda balance sheet showed $8B in liabilities  —  – FTX CEO Sam Bankman-Fried insisted his crypto exchange is “fine” after rival Binance announced it would start selling its holdings of FTX’s FTT token.