Crypto Investor Newsletter: Crypto Mining, Climate Goals, and Alameda Research


Welcome to this week’s Crypto Investor!

Monday, Sam Bankman-Fried’s Alameda Research defendant cryptocurrency lender Voyager Digital in a Delaware court, saying he is owed $446 million that he transferred to the company before Alameda’s bankruptcy last year. Alameda said he paid off his debt to the company after Voyager’s bankruptcy in July, and was now recouping the money he lost so close to his own bankruptcy.

“The collapse of Alameda and its affiliates amid allegations that Alameda was secretly borrowing billions of FTX exchange assets is widely known,” the court filing on Monday said. “Largely lost in the (warranted) attention paid to the alleged misconduct of Alameda and his now indicted former leadership has been the role played by Voyager and other cryptocurrency ‘lenders’ who funded Alameda and fueled that alleged misconduct, either knowingly or recklessly.”

In this newsletter, we also have a deeper look at a new lawsuit wrestling with the question: Are cryptomines endangering our climate goals?

As always, if you have any questions or ideas about what you’d like to see in this newsletter in 2023, please drop a line at [email protected].