Sam Bankman-Fried, who was recently sentenced to $250 million bail and under house arrest until his trial on January 3, tweeted for the first time since December 9.
Sam Bankman-Fried Says The Mobility In Alameda Wallets Isn’t Due To Him
Batik cryptocurrency Sam Bankman-Fried, the boss of the exchange FTX, said that none of the recent sales and movements in Alameda crypto wallets were caused by him.
None of these are me. I’m not and couldn’t be moving any of those funds; I don’t have access to them anymore.https://t.co/5Gkin30Ny5
— SBF (@SBF_FTX) December 30, 2022
Crypto wallets associated with FTX’s sister company, bankrupt trading firm Alameda Research, were seen transferring funds just days after former CEO Sam Bankman Fried was released on a $250 million bail.
For example, a wallet address starting with 0x64e9 received more than 600 ETH from Alameda wallets, some of which were exchanged for USDT while the other portion of the transaction was sent to ChangeNow.
On-chain analyst ZachXBT stated that the Alameda wallet eventually traded funds for Bitcoin using decentralized exchanges such as FixedFloat and ChangeNow.
While many may think the way these funds are traded looks like a hacker’s, given Bankman-Fried’s known criminal history, many speculate that it may be an insider’s job to get what’s left in the wallets.
Others questioned the bail conditions and asked why he was given access to the Internet. One user wrote that the former CEO was “desperately trying to get money out” and “why did the bail requirement include no computer/internet access?” he added.
SBF said: “None of these are me. I have not and cannot transfer any of these funds; I no longer have access to them.” said.
*Not investment advice.
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