Favour Udeo

Favour Udeo

Favour is a writer, who is interested in blockchain, DeFi, and Web3 in general. She finds machine learning and emerging technologies interesting.

Alameda Research Agrees to Sell Its Sequoia Interest for $45M

Alameda Research Agrees to Sell Its Sequoia Interest for $45M

According to court documents filed on Wednesday, March 8, 2023, Alameda Research, the investment branch of FTX, has reportedly signed an agreement to sell its equity in Sequoia Capital to Abu Dhabi's sovereign wealth fund for $45 million. ...

AirBit Club Executives Plead Guilty to $100 Million Fraud

AirBit Club Executives Plead Guilty to $100 Million Fraud

Six executives of AirBit Club, a fake cryptocurrency mining and trading business, have confessed to participating in a crypto Ponzi scheme that generated around $100 million in five years.  The executives, including co-founder Pablo Renato Rodriguez, have been...

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