As if throwing around billions of dollars in client money as though it was their own wasn’t enough for Sam Bankman-Fried and Alameda Research, LLC, the latter also took out a Federal Paycheck Protection Program loan, according to multiple reports and SBA.gov.
The SBA.gov sourced list at ProPublica lists Alameda Research LLC as having received $370,518 on April 27, 2020. However, the Federal Government will not likely be appearing on the list of creditors in FTX bankruptcy documents, as the loan was reportedly paid back, Bloomberg wrote . And it’s hard to think that the company actually needed the money. […]
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