Crypto Market Highlights News Of The Day FTX and Alameda Lose $3.7 Billon In 2022 According court documents, Bankman-Fried’s businesses mainly consist of trading company Alameda Research, which was founded in 2017, as well as cryptocurrency exchange FTX, which was launched in 2019. Since its inception, it has suffered a net loss in excess of $3.7 billion. You can find more information here