FTX Moved Millions in Crypto to Coinbase Amid Bankruptcy, Ongoing Trial
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Bankrupt crypto exchange FTX moved millions worth of crypto assets including LINK, MATIC, and AGLD to Coinbase.
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$2.6 million in LINK and $1.3 million in AGLD were deposited to Coinbase from FTX wallets.
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$4.8 million in MATIC left an FTX wallet to an intermediary address, which sent $1.8 million to Coinbase.
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Earlier, $19 million in crypto including SOL and ETH left FTX cold wallets to exchanges.
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The transactions occurred as Sam Bankman-Fried testified at his criminal trial.