Alameda wallets become active days after SBF bail, community mulls foul play By Cointelegraph
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The crypto wallets associated with now-bankrupt trading firm Alameda Research, the sister company of FTX, were seen transferring out funds just days after the former CEO Sam Bankman Fried was released on a $250 million bond.
The transfer of funds from Alameda wallets raised community curiosity, but more than that, the way in which these funds were transferred grabbed the community’s attention. The Alameda wallet was found to be swapping bits of ERC-20s for Ether (ETH)/Tether (USDT), and then the ETH and USDT were funneled through instant exchangers and mixers.
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The crypto wallets associated with now-bankrupt trading firm Alameda Research, the sister company of FTX, were seen transferring out funds just days after the former CEO Sam Bankman Fried was released on a $250 million bond.
The transfer of funds from Alameda wallets raised community curiosity, but more than that, the way in which these funds were transferred grabbed the community’s attention. The Alameda wallet was found to be swapping bits of ERC-20s for Ether (ETH)/Tether (USDT), and then the ETH and USDT were funneled through instant exchangers and mixers.
Continue Reading on Coin Telegraph
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