From bankrupt FTX and Alameda Research wallets, $145 million worth of stablecoins were sent to crypto exchanges such as Binance and Coinbase.
On-chain analytics platform lookonchain The data shared by FTX and Alameda Research wallets was surprising. According to data detected on March 14, three wallets belonging to FTX and its subsidiary Alameda 69.64 million Tether (USDT) And 75.94 million USD Coins (USDC) sent to different cryptocurrency exchanges.
USDT reserves coinbase, Binance And Kraken All of the USDC reserves were transferred to Coinbase. All remaining assets belonging to FTX and Alameda continue to be held in a total of three wallets.
The transactions in question by whom it was made There was no explanation from the institutions as to whether it had a connection with the court process or not.
The latest in the FTX bankruptcy case, Abu Dhabi It was about a new deal with a government-owned company. Alameda Research, venture capital firm Sequoia Capitalby selling its remaining share in 45 million dollars added the asset to its vault to give it to creditors. The lawsuit for bankruptcy continues.