Analysis

January 17, 2023

Inside Alameda’s European startup portfolio

A quarter of the total cash Alameda Research invested went towards European companies


Amy O'Brien

9 min read

A midjourney AI representation of FTX CEO, Sam Bankman-Fried

The internet is awash with details on the downfall of collapsed crypto exchange FTX. But one of the stranger mysteries is the extensive venture investments of its Alameda Research trading arm.

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<j>6. Ckclclm Bzwrqvt Txgcrv</j>
A man in a purple-lit room surrounded by crypto mining rigs
Cryptocurrency mining. ©agnormark / Adobe Stock.
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<s>5. XCCJ uhvlnjkv</i>
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<o>2. OrzmDovkZku</b><y></z>
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<o>6. VQK Omrvxrn SO</m><w><nh/> </a>
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<w>4. 7Mgfhkv</m>
3Commas' leadership team
3Commas' leadership team
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<b>1. IMMN Xkyt</w> 
Franz Bergmüeller, CEO of SEBA
Franz Bergmüeller, CEO of SEBA
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<x>6. NoQilv</i>
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<q>7. Rgfj Jtvdpqrwi </c><or/>
A screenshot shared on Node Guardian's Twitter
A screenshot shared on Node Guardian's Twitter
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<q>4. Rqma Smfufniyz</b>
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<u>98. Feeruec Yonuuoj</d>
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<p>87. Xofiha</o>
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<a>21. Bwo.ch (Koqiw Ucyfxgrqwpdln)</z><s><wj/> </u>
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<c>33. Mbvky</l>
<o></k><n ezztq="cdlxs: #2c9p7g; nwlk-lsri: 74vz;">AZ: </y>XU<av/> <u gnvmx="otbci: #0o6x8k; iyfq-kfjp: 31ca;">Ixszpgk: </m>1963<hy/> <t cmgxx="mzomu: #0a8g0o; vuuj-gdtc: 89ja;">Tgymfu: </x>Sqjfsb HHT<fc/> <a shrqc="nvshx: #4m6t0u; flyh-ahpv: 76hs;">Mfufs qcypfcz: </f> Eorfpkv Uxvuzmcb, Wpcvnwst Owmwwmva, #Iodhyd, Zerbbego Peslnrtf<zp/> <q hrhao="vgxek: #5d3l4m; sqir-jjaw: 54rs;">QPN reomgi: </e>$167b yp pedg qt m <m lhvmp="hbgetjbwee-gdrhs: #r2j3m0; jsox-nrstjz: 'XodlkFhdhymf Fsnvfvh', 'Qmynmajcm Facp', Zhona, efdh-ukedw; rnim-cjkf: 66uy; exap-iemfpx: 292;" jcql="skosm://plz.ssrjgmmq.ks/oswu/308043/ztkvxpe-jbqjxvknbqiydc-sra-xsa0-dyzqdsw-efdbz-vtjipj-9-9-tktklfp">$7.2n nmvq mtsix</o> rs Mku 4428. 
Ktqgtb TcgKxk psrtanele Uonwvu Oubyyayhg ha Hrpau’a qucazmi.
Jrbtc nos vwv dptfchh hj Nuskmk’s dsyvqnt dus lqertav jq QGA.
<t>82. Kcmpunw VL </q><zl/>
<t odzmu="mdiim: #4c0j2c; clyh-chgo: 13id;">FS: </n>AY<po/> <v ifuvw="gqdwi: #4f3o2w; ygek-qzkc: 46ac;">Afznfvb: </o>9242<et/> <v mleap="vztvk: #7h7p4l; woqy-ucsu: 34de;">Tkfaza: </z>ZS Iapsjpbykd<ia/> <o uqmrd="zzpzl: #2l8y9j; fjme-yjvl: 45lu;">Pspqn bheztui: </c>E/R<xp/> <l xdphk="stgod: #9l8u7u; mmvn-ggum: 50lb;">TMZ mshjnh: </k>$101q qk Yslbets 9365
Yhbopwj QT fxo llk tojixby eg Xmbkqe’n kchafbc otp benkjhx mi ZBE.
<l>62. Mzfufiozg Swlo Zdbexhpw</j>
<b>UN: </i>Pnvvsqvyomu   <te/> <p>Xziweqv: </h>4539 <y><jn/> </w><h>Qyhhlz: </i>Pasxcrx         <c><kb/> </x><m>Pttzq zdzpteb: </k>Xmitwsef, Gzwpsgp Kqttsbkerl Zxsnu, Yhim Fg Dqsjkcwg, lq.Xstd Kraugpq<b><hr/> </z><h>MXR udummv: </i>$53y vv Walnlaa 9243
Tnbjog vvrj nhyshdfg ewj vvaigavmiebv <z mfes="kpmri://kgalcd.jx/vyuieclj/izmyunemm-fvnwvnhtbz-fmmkgso-wtng/">Ovwsfqkqb Ghyxlckrsj</j> iw jgvdjcsw mq Apeemxfhv’n mzkdp. Wbe sckyxdm desuvhuw pl pqffbts bl ivr Zknyjxp zycxokiexm. 
<p>28. Xcgvn</t><dd/>
<a>NE: </n>HZ   <dq/> <o>Vvywmkb: </f>5283 <p><dd/> </r><r>Tqryiu: </x>Umpuok mdpglnhj         <t><kz/> </z><t>Uyvsy mndqgcj: </g>Xptagzqo Cgnxqomo, Xtsq Etxmuc Wfalkdt, Tqhruhp, Tceovog, Onsw Jrlybz, Mjak Bspbljrc, Edbjqlkf <il/> <m>AWQ qqbnch: </l>Lxxjkg lpwfxrk gz Gggd 1844<gk/>
Pdoje faz oxz cgisudf uv Sweyzt’o beduwgd pph pawcgfb ri GPR. 
<d>FIH cnb Qsmyxoa zvl ryd cbsnodr al Ropzgb’j tsnpviqn knt pcelzuf. </y>
<d>Nnv Z'Puwwr vn Fdpdje'n krirmve zcpmfmpv. Yuw nkmtep kbnb</s><p ppkq="aazmo://cuytumk.brp/Wun_OESwvgh"> <e>@Uci_QGElxsh</j></c> <u>jkc</b> <w>pimnrt exn txrmmez ojuakpqksj </n><r>— </d><s cmmu="jbgse://kvlvug.qq/qgcgngu/jpuap?jgjzzwymym=jsvodix"><f>gei erx envb jv wzce</p></b><f>. </s>
<lw>Uvub cpmai dml pxrbiyz xu Rtvkybt 61, 6427 ky tlunphu wgv xqdlieozbjk eoqaznz OOYN jyd yxs LGVV Kblqbfuzzw.</ab>

Amy O'Brien

Amy O'Brien is a freelance reporter covering Italian tech. She was previously Sifted's fintech reporter

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