PANews reported on November 7th, citing CoinDesk, that Lantern Ventures, a London-based proprietary trading firm founded by some former members of Alameda Research (SBF's, Sam Bankman-Fried), is gradually liquidating its funds after seven years of operation. The company is returning funds to investors and closing its external funds, potentially resulting in job losses for many employees. It is understood that the company has been in talks with potential buyers, with other options including a reboot as a family office. At its peak, Lantern, managed by cryptocurrency trader and former Alameda co-founder Tara Mac Aulay, managed over $600 million in assets. Mac Aulay declined to comment. Many say the cryptocurrency market crash of October 10th has made it more difficult for institutions to raise funds today.PANews reported on November 7th, citing CoinDesk, that Lantern Ventures, a London-based proprietary trading firm founded by some former members of Alameda Research (SBF's, Sam Bankman-Fried), is gradually liquidating its funds after seven years of operation. The company is returning funds to investors and closing its external funds, potentially resulting in job losses for many employees. It is understood that the company has been in talks with potential buyers, with other options including a reboot as a family office. At its peak, Lantern, managed by cryptocurrency trader and former Alameda co-founder Tara Mac Aulay, managed over $600 million in assets. Mac Aulay declined to comment. Many say the cryptocurrency market crash of October 10th has made it more difficult for institutions to raise funds today.

Sources familiar with the matter: Lantern Ventures, a firm founded by former Alameda co-founder, is gradually liquidating its funds.

2025/11/07 21:44

PANews reported on November 7th, citing CoinDesk, that Lantern Ventures, a London-based proprietary trading firm founded by some former members of Alameda Research (SBF's, Sam Bankman-Fried), is gradually liquidating its funds after seven years of operation. The company is returning funds to investors and closing its external funds, potentially resulting in job losses for many employees. It is understood that the company has been in talks with potential buyers, with other options including a reboot as a family office. At its peak, Lantern, managed by cryptocurrency trader and former Alameda co-founder Tara Mac Aulay, managed over $600 million in assets. Mac Aulay declined to comment. Many say the cryptocurrency market crash of October 10th has made it more difficult for institutions to raise funds today.

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The post Mt. Gox moves $936M in Bitcoin after eight-month dormancy appeared on BitcoinEthereumNews.com. Key Takeaways Mt. Gox moved $936 million in Bitcoin after eight months of inactivity. The movement relates to the exchange’s ongoing court-supervised creditor repayment process. Mt. Gox, the defunct crypto exchange, moved $936 million worth of Bitcoin today after remaining dormant for eight months. The transfer involved shifting Bitcoin to a new wallet address, marking the first significant activity from the exchange’s holdings since March. The movement comes as Mt. Gox continues its court-supervised creditor repayment process. The rehabilitation trustee has extended the deadline for creditor reimbursements to allow more time for managing Bitcoin distributions. Mt. Gox has been gradually shifting Bitcoin to new addresses as part of its ongoing efforts to repay creditors. The exchange collapsed in 2014 following a massive hack that resulted in the loss of around 850,000 Bitcoin. The latest wallet activity suggests preparations may be underway for additional creditor payments, though the exchange has not disclosed specific timelines for distributions. Mt. Gox began returning funds to creditors in 2024 after years of legal proceedings. This is a developing story. Source: https://cryptobriefing.com/mt-gox-moves-936m-in-bitcoin-after-eight-month-dormancy/
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BitcoinEthereumNews2025/11/18 12:58