A 75-minute recording obtained by Cointelegraph shows the exact moment former Alameda Research CEO Caroline Ellison told employees about their use of FTX customer deposits.
Hedge Fund News
A hedge fund is an investment pool or fund that is managed by financial professionals, known as fund managers, and trades in a wide range of asset classes in order to generate market-beating returns. Often employing a combination of different trading instruments within an asset class, hedge funds indulge in risky trading and investment strategies, including shorting a market instrument in order to generate a profit.
While not many hedge fund managers adhere to the principles of hedging when investing in financial markets, the term “hedge fund” is used to describe any investment fund that uses credit or borrowed capital to speculate across various asset classes. Hedge funds that specialize in investing in cryptocurrencies and other decentralized digital assets are known as cryptocurrency hedge funds. Experts or insider investors actively manage funds for a fee to analyze and choose investment opportunities.
Falling out of the purview of central agencies that monitor financial markets in their respective jurisdictions, hedge funds are usually incorporated overseas as a limited liability partnership (LLP) and rely on the reputation of their fund managers to draw investors. Despite the potential to generate greater returns, investments in hedge funds do not enjoy the same liquidity as those made in mutual funds, with higher management fees further denting their overall appeal to the average investor.
Former Alameda Research engineer Aditya Baradwaj says one trader lost more than $100 million after clicking on a fake link.8056
WOO Network said it had agreed to repurchase all the tokens and equity previously held by collapsed hedge fund Three Arrows Capital.2204
The 3AC co-founder purchased the Singaporean bungalow in March 2022, shortly before the hedge fund collapsed.5289
JPMorgan’s CEO Jamie Dimon pointed to trading, hedging, research and error detection as some of the processes that can be streamlined by AI.6027
Su Zhu was arrested at Singapore Changi Airport while attempting to leave the country after a court granted a committal order.6427
CoinShares’ subsidiary and broker-dealer registered with FINRA will be conducting marketing activities for the new hedge fund division in the United States.14589
BlockFi argues its creditors, not FTX’s, are the “ultimate victims” of FTX’s alleged fraud.5160
Two investment moguls are betting on different directions for inflation and Treasury yields, with potentially negative impacts on Bitcoin.12517
As Singapore does not allow dual nationality, 3AC co-founder Kyle Davies said he chose to renounce his U.S. citizenship after getting married and receiving permanent residency.8906
The portion of traditional hedge funds investing in crypto fell, but many of those still in the market plan to increase crypto investing this year.4932
The report came precisely one year after a court in the British Virgin Islands ordered Three Arrows Capital into liquidation.9487
Civil sanctions against 3AC co-founder Kyle Davies include an award of attorneys’ fees and a $10,000 daily fine until he is in compliance with a subpoena.3104
BTC price has struggled for nearly a month, but Bitcoin miners revenue is up, calling into question the logic of short sellers betting against mining stocks.2550
A look at the role played by crypto funds in providing essential capital and liquidity, propelling the growth and expansion of the crypto market.3805