• Alameda transfers $352K in Worldcoin amid FTX’s $12.7B legal fallout.
• This marks Alameda’s first Worldcoin movement since vesting a year ago.
• CFTC lawsuit dismissed, but FTX and Alameda banned from trading.

Embattled crypto firm Alameda Research has transferred 205,387 Worldcoin (WLD) tokens, valued at approximately $352,000, to the cryptocurrency exchange Binance. This transaction marks the first movement of Worldcoin assets held by Alameda Research a year ago. Currently, Alameda holds an extensive portfolio of 24.8 million WLD, equivalent to around $45.6 million.

This strategic asset transfer coincides with a recent legal development involving Alameda Research and its affiliate, FTX. On August 7, a New York court ordered FTX and Alameda Research to pay a staggering $12.7 billion to creditors. 

This order effect…

The post CFTC Lawsuit: Alameda’s $12.7B Order and $352K Worldcoin Transfer appeared first on Coin Edition.

• Alameda transfers $352K in Worldcoin amid FTX’s $12.7B legal fallout.
• This marks Alameda’s first Worldcoin movement since vesting a year ago.
• CFTC lawsuit dismissed, but FTX and Alameda banned from trading.

Embattled crypto firm Alameda Research has transferred 205,387 Worldcoin (WLD) tokens, valued at approximately $352,000, to the cryptocurrency exchange Binance. This transaction marks the first movement of Worldcoin assets held by Alameda Research a year ago. Currently, Alameda holds an extensive portfolio of 24.8 million WLD, equivalent to around $45.6 million.

This strategic asset transfer coincides with a recent legal development involving Alameda Research and its affiliate, FTX. On August 7, a New York court ordered FTX and Alameda Research to pay a staggering $12.7 billion to creditors. 

This order effect…

The post CFTC Lawsuit: Alameda’s $12.7B Order and $352K Worldcoin Transfer appeared first on Coin Edition.