FTXAnd Alamedafrom three different crypto addresses associated with 69.4 million USDTtransferred.
2022deeply affecting the crypto money market after its bankruptcy in FTXAnd Alamedaoriginating from three different addresses, 69.64 million USDT transferred. From transferred USDT 43 million USDTwhereas Coinbase, Binance and Kraken transferred to . In addition, according to the published blockchain data, Coinbase Custody Walletto 75.94 million USDCtransferred.
Speculation Grows About Fund Transfer
FTX and AlamedaThis massive transfer of funds from their addresses has raised concerns and speculation about the reasons behind it.
According to speculation, the exchange is raising all its funds to repay its investors as much as possible. Coinbase, Binance and KrakenMoney transfer of these large sums to FTXIt may suggest that the company is trying to repay its investors as part of the liquidation process. FTXAnd in this process, where it is not yet clear what will happen to its users, it is possible that the fund transfer was made to solve the problems of the stock market.
FTX, 2022in November of Alameda Research‘Fame $14.6 billionmost of its existence, FTT token It went bankrupt after the agreement that it consisted of. After this development FTTinvestors began selling their holdings, and within three days about 6 billion dollarsmoney was taken.
FTX, Alamedanot only from its own funds, but also from client funds.
