BitGo Block on Alameda: Tried To Withdraw 3,000 Wrapped Bitcoins Before Bankruptcy

Mike Belshe, CEO of digital asset custodian BitGo, revealed that Alameda Research is trying to recover 3,000 Wrapped Bitcoins (wBTC) before filing for bankruptcy.

Cryptocurrency researcher Chris Blec by 14 Decemberheld in a twitter speaking on broadcast Mike Belshemade remarkable statements about the background of the Alameda bankruptcy. Belshe, an unnamed Alameda executive, shortly before the bankruptcy BitGolocated in 3,000 wBTCthat you have requested to withdraw but for failing to pass the security steps He stated that BitGo turned down this request.

The representative from Alameda failed to pass Bitgo’s security verification process. Also, wBTC didn’t seem to know how the transaction process works. We clearly turned him down and said no.

Stating that the BitGo team, which rejected the request, put the transaction on hold, Belshe added that Alameda’s bankruptcy application has been received while this waiting process continues. According to the CEO’s statements, these assets are still stored as “processing” in BitGo’s dashboard and bankruptcy trustees It will stay that way until we address this issue.

This story, put forward by Belshe, is confirmed by Etherscan data. Who is the Alameda official trying to buy 3,000 wBTC for 3,000 BTC, and Sam Bankman-Fried It is not known whether he is aware of the matter.

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