FTX and Alameda Research prepare to sell $60 million worth of Ethereum, Solana and other assets

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FTX and Alameda Research prepare to sell $60 million worth of Ethereum, Solana and other assets
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Amid Sam Bankman-Fried taking the stand during the ongoing trial for his criminal charges, developments pertaining to his now-bankrupt corporations ar

According to a report from Nansen, $60 million worth of crypto assets have been moved from FTX and Alameda Research cold wallets to Binance and Coinbase. The assets in the transfers include the likes of LINK, AAVE, MKR and ETH. FTX founder Sam-Bankman Fried recently took the stand during his trial and stated that he “did not defraud anyone”. e coming to light, and they might prove to be harmfull to Ethereum and other tokens.

The initial funds left both FTX and Alameda, where they then moved to intermediary wallets before they were sent to the two exchanges Tracking their movements is made simple with our Entity Profiler which consolidates known FTX and Alameda EVM addresses into one place pic.twitter.com/fZQIsSLI7p — Nansen October 27, 2023 Furthermore, separate transactions of 943,000 SOL worth around $32 million, as well as another $24.

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