According to Semaphore, Skype co-founder Jan Tallen is said to be one of the people behind a giant capital injection into Alameda Research in 2018. But he quickly demanded a refund when he discovered Sam Bankman-fried had no control over any something.
In January 2018, Alameda was allowed to borrow values of over NOK 1 billion in cryptocurrency ether from Tallinn, at 43 percent interest.
Zero control
semaphore describes a horrific beginning for Alameda. Everything developed clumsily and unprofessionally from the start. The complete absence of risk assessment and control has resulted in huge losses and evaporated funds.
Tallinn got tired quickly.
As early as March 2018, Tallinn showed up at the Alameda headquarters to demand the loan with interest paid by Bankman-Fried. This should have led to staff at Alameda trying to convince the investor to remove Bankman-Fried from the management position at Alameda.
In an email to Semaphore, Tallinn wrote:
“The main reason why I am asking you to repay the loan is because it seems that Sam has taken out other financing and no longer needs a loan from me.”
Riot and the Water Board also confirmed that more than half of the staff disappeared outside the door after they were fed up.
Sam Bankman-Fried is the person who suffered the largest single-day loss on the Bloomberg Index in history. Wealth fell 94 percent to about 1 billion kroner left in November when cryptocurrency exchange FTX and Alameda Research, FTX’s trading desk, both collapsed.
This week it became known that the crypto joker claims he is now using his last remaining 1 million kroner.
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