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MainNewsFTX, Alameda...

FTX, Alameda Involved in Million-Dollar Mystery Crypto Transfers


Feb, 14, 2024
< 1 min read
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

All Eyes on May 30: FTX Repayments Could Mark Market Bottom as SEC Stalls ETF Reviews

All Eyes on May 30: FTX Repayments Could Mark Market Bottom as SEC Stalls ETF Reviews

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< 1 min read
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US Dollar Weakness Is Here to Stay: Analyst

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2 min read
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MainNewsFTX, Alameda...

FTX, Alameda Involved in Million-Dollar Mystery Crypto Transfers


Feb, 14, 2024
< 1 min read
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

All Eyes on May 30: FTX Repayments Could Mark Market Bottom as SEC Stalls ETF Reviews

All Eyes on May 30: FTX Repayments Could Mark Market Bottom as SEC Stalls ETF Reviews

The crypto world is staring down May 30 when two major events scheduled for that day ...
Apr, 22, 2025
< 1 min read
by CoinEdition
US Dollar Weakness Is Here to Stay: Analyst

US Dollar Weakness Is Here to Stay: Analyst

The US dollar was among the worst-performing currencies in 2025, dipping against eigh...
Apr, 23, 2025
2 min read
by Watcher.Guru