Alameda Research staff tried to order takeout whilst waiting for news about FTX on November 9, 2022.
"We ordered our lunch in the afternoon, same as usual," Baradwaj told The Post about what happened on the day.
AdvertisementAdvertisementAccording to Baradwaj's account, Ellison apologized to staff, told them of plans to wind the company down, and told them "this really sucks."
FTX, Alameda Research, and 130 other affiliated companies filed for Chapter 11 bankruptcy two days later on November 11.
The companies' collapse revealed that its cofounder and CEO Sam Bankman-Fried had secretly funneled FTX's customer funds to prop up Alameda Research.
Persons:
Aditya Baradwaj, takeout, Baradwaj, Caroline Ellison, Ellison, Sam Bankman, Fried, Caroline, I'm
Organizations:
Alameda Research, FTX, Service, New York Post
Locations:
Alameda, FTX, Wall, Silicon, Hong Kong