FTX and Alameda Wallets Drain Millions in Crypto to Binance After Collapse

Millions of dollars worth of tokens tied to FTX and Alameda wallets moved to Binance wallets on Wednesday.

Tokens included $2.2M LINK, $1M AAVE, $2M MKR, $3.4M ETH.

FTX collapsed in November 2022 after revelations about its balance sheet.

Founder Sam Bankman-Fried faces criminal charges; creditors control bankruptcy.

In October, creditors staked over $150M in ETH and SOL to earn yields up to 8%.