(Reuters) – Alameda Research, the trading firm founded by FTX chief executive officer Sam Bankman-Fried, took down its website on Wednesday, making it private.
The development comes a day after crypto exchange Binance announced plans to acquire FTX. Since then, crypto markets have been reeling under worries that financial troubles at FTX could spillover to other players in the market
A message on Alameda’s site said “This site is currently private.”
(Reporting by Niket Nishant in Bengaluru; Editing by Krishna Chandra Eluri)