FTX and Alameda Research Wallets Conducted a $10.8 Million Cryptocurrency Transfer Involving 8 Diverse Coins

It has been identified that wallets associated with FTX and Alameda Research conducted a cryptocurrency transfer of $10.8 million with 8 different coins, including $UNI, $OP, and $SHIB.

Wallets associated with the collapsed crypto exchange FTX and its subsidiary Alameda Research transferred 8 different cryptocurrencies to accounts on Binance, Coinbase, and Wintermute exchanges, totaling $10.8 million.

According to the blockchain analysis firm Spot On Chain announcement, various cryptocurrencies with a total value of $10.8 million have been identified reaching various crypto exchanges from FTX and Alameda Research accounts. The firm estimates that since October 24th, these entities have gone bankrupt and executed transfers totaling $551 million using 59 different cryptocurrencies.

The transferred assets include UNI, GMT, SYN, KLAY, FTM, SHIB, ARB, and OP.

The history of these transfers dates back to March 2023, initiated by FTX and Alameda to recover assets for investors.

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