Posted 12/3/2023, 10:50:18 AM
FTX and Alameda Transfer $22 Million More in Crypto Assets, Adding to $551 Million Shuffled Since October
- FTX and Alameda have transferred another $22 million in crypto assets across various tokens to prominent exchanges
- This latest move included a $10.8 million transfer across 8 tokens like GMT, UNI, and SHIB to platforms like Wintermute and Coinbase
- Since October, FTX and Alameda have orchestrated crypto asset transfers totaling $551 million across 59 different tokens
- In March, they skillfully transferred $145 million in stablecoins to exchanges like Coinbase and Binance
- FTX still faces over $8.8 billion in liabilities, navigating ongoing liquidations to address debts and provide creditor relief