Following recent investigations, the prosecution is quite clear about the relationships between Alameda Research, a trading firm, and crypto exchange FTX. Alameda was found to be the primary support firm for FTX operations, including accounts, transfers and trading. FTX was spun off from Alameda this year. Banks are reluctant to work with crypto companies, including FTX.
CoinGape’s first article, Just-In: FTX Almeda Research Contagion Could Spread to These Banks appeared on CoinGape.