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FTX, Alameda Involved in Million-Dollar Mystery Crypto Transfers


by CoinEdition
Court Testimony Reveals Alameda Used FTX Funds Without Limitation
  • FTX and Alameda wallets transferred approximately $1.36 million worth of Ethereum to Wintermute.
  • An Alameda wallet transferred $26.8 million worth of Ethereum to another Alameda wallet.
  • FTX Cold Storage #2 transferred $6.6 million worth of JSOL to an unknown wallet.

Blockchain security firm PeckShield issued alerts on Tuesday, February 13, regarding several transfers from wallets associated with the now-bankrupt cryptocurrency exchange FTX and its trading firm Alameda Research.

The first alert includes a transfer of 542 ETH (worth approximately $1.36 million) from the wallets of FTX-owned Alameda Research to Wintermute. Wintermute is a market-making firm that provides liquidity to cryptocurrency exchanges. The purpose of this transfer is unclear.

The second alert concerned an internal transfer of 10.7K ETH (worth around $26.8 million) from one Alameda wallet to anot…

The post FTX, Alameda Involved in Million-Dollar Mystery Crypto Transfers appeared first on Coin Edition.

Read the article at CoinEdition

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FTX, Alameda Involved in Million-Dollar Mystery Crypto Transfers


by CoinEdition
Court Testimony Reveals Alameda Used FTX Funds Without Limitation
  • FTX and Alameda wallets transferred approximately $1.36 million worth of Ethereum to Wintermute.
  • An Alameda wallet transferred $26.8 million worth of Ethereum to another Alameda wallet.
  • FTX Cold Storage #2 transferred $6.6 million worth of JSOL to an unknown wallet.

Blockchain security firm PeckShield issued alerts on Tuesday, February 13, regarding several transfers from wallets associated with the now-bankrupt cryptocurrency exchange FTX and its trading firm Alameda Research.

The first alert includes a transfer of 542 ETH (worth approximately $1.36 million) from the wallets of FTX-owned Alameda Research to Wintermute. Wintermute is a market-making firm that provides liquidity to cryptocurrency exchanges. The purpose of this transfer is unclear.

The second alert concerned an internal transfer of 10.7K ETH (worth around $26.8 million) from one Alameda wallet to anot…

The post FTX, Alameda Involved in Million-Dollar Mystery Crypto Transfers appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin Projected to Reach $1.3 Million by 2035: Bitwise Report

Bitcoin Projected to Reach $1.3 Million by 2035: Bitwise Report

Detail: https://coincu.com/markets/bitwise-bitcoin-price-forecast/
Deutsche Bank Projected Fed Rate Cuts Surprise Markets

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Detail: https://coincu.com/markets/deutsche-bank-fed-rate-cuts-impact/