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$1B, government bribes and Thai prostitutes

Edition #82 - 13 OCT 2023


Caroline Ellison testified that Thai prostitutes and a $100m bribe to the Chinese officials were involved in an attempt to regain access to $1B of Alameda's funds frozen by the Chinese government. She also accused SBF of trying to scam Saudi investors in FTX's final days. Ellison's to-do list included "getting regulators to crack down on Binance" as revealed by the prosecutors.




gaming developments

metaverses & AI


defi

funding rounds

  • ​​​​​​​​​​​​​​​​​​Blockchain privacy network Fairblock Network raised $2.5M in a Pre-seed funding round led by Galileo, with participation from Lemniscap, Dialectic, Robot Ventures, GSR Markets LTD, Chorus One, DoraHacks, Reverie.​​

  • Cryptocurrency-focused trading and lending platform Membrane Labs raised $20M in a Series A funding round from Brevan Howard Digital, Point72 Ventures, Jane Street, Flow Traders, QCP Capital, Two Sigma Ventures, Electric Capital, Jump Crypto, GSR Markets LTD, Belvedere Trading, Framework Ventures.

  • ​​Exchange for environmental assets Neutral raised $3.2M funding round led by North Island Ventures, with participation from Redalpine, Digital Currency Group (DCG), Cerulean Ventures, Factor Capital, Very Early Ventures, Rarestone Capital.

  • ​​Tokenized RWA marketplace Untangled Finance raised $13.5M funding round led by Fasanara Capital.

 


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