Modulo Capital, a less well-known company Receives a $400 million loan from Alameda Research, an investment firm for Bankman-Fried, according to a report from CoinDesk
Modulo Capital was founded by three ex-Jane Street traders, a New York-based firm that employs Bankman-Fried and Ellison before moving into the crypto industry.
Modulo Capital is one of Alameda Research’s largest investments at $400 million, according to people familiar with the matter telling CoinDesk. Modulo approached other financial institution investors before coming to Alameda.
followDocuments submittedThe public shows that Modulo is located in the Bahamas. and proceed from Albany which is the same luxury condominium that Bankman-Fried and other FTX and Alameda employees live.
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