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 (Financial Times)

Bradley Saacks / Semafor:
Sources: Sam Bankman-Fried and most of his inner circle are still in the Bahamas but many senior FTX executives left for Hong Kong and elsewhere in recent days  —  Bradley is a Business & Finance reporter for Semafor, joining us from Business Insider.  Sign up for Semafor Business to get his scoops and coverage of the industry.

Newley Purnell / Wall Street Journal:
Hong Kong officials and legislators criticize Google over a pro-democracy song, “Glory to Hong Kong”, appearing among the top results for the national anthem  —  Officials and lawmakers call on company to alter its results page to show China’s national anthem instead of a song made popular by antigovernment protesters

Kate Clark / The Information:
SBF quietly invested $500M+ in Paradigm, Altimeter, and other VCs, including, sources say a $200M commitment to Sequoia, and $300M to K5 per PitchBook  —  FTX founder Sam Bankman-Fried was not only a tireless fundraiser from venture capital firms including Paradigm and Sequoia Capital …

Bloomberg:
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  —  One of the bigger questions surrounding the collapse of Sam Bankman-Fried’s crypto empire is what venture investments …

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.

Rohan Goswami / CNBC:
Court records: FTX’s winning bid for Voyager Digital includes a $51M cash payment, and $60M in earnouts and incentives for Voyager users that onboard with FTX  —  – FTX’s winning bid for bankrupt crypto firm Voyager Digital includes a $51 million cash payment, with an additional $60 million in earnouts and incentives.