Bitcoin News

Deltec Bank Accused of Secretly Extending a $2 Billion Credit Line to Alameda Research

Deltec Bank Accused of Secretly Extending a $2 Billion Credit Line to Alameda Research


Deltec Bank and Trust Ltd, based in The Bahamas, stands accused of covertly extending a $2 billion line of credit to Alameda Research. A lawsuit, filed by those who claim to be victims of Sam Bankman-Fried, accused Deltec of granting a three-day grace period to Alameda Research for the settlement of purchased stablecoins. Misappropriation of […]

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