According to CoinDesk citing sources, Modulo Capital, a multi-strategy hedge fund founded by three former Jane Street traders, has received a $400 million loan from Alameda Research and is headquartered in Albany, Bahamas. , a luxury apartment complex where Alameda employees live), was established in early 2022 and is responsible for trading cryptocurrencies as well as traditional financial assets, and conducted financing with several traditional financial institutions before taking Alameda as its sole investor. Foresight News noted that Caroline Ellison, the former CEO of SBF and Alameda Research, both worked on Jane Street before joining the encryption industry.