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Alameda Thanked for ‘Prompt Response’ in Transferring $37M of BitDAO Tokens

Sam Bankman-Fried’s Alameda Research, the trading firm at the heart of this week’s crypto-industry shakeup, is reportedly making good on at least one promise – adhering to an agreement not to sell tokens associated with the BitDAO blockchain project for at least three years.

BitDAO, one of the largest decentralized autonomous organizations, confirmed Tuesday in a tweet that some 100 million BIT tokens had been transferred into “the original BIP-4 swap wallet” on the Ethereum blockchain, labeled by the website Etherscan as “Alameda Research 25.”

Alameda holds 100 million BIT tokens acquired in November last year by swapping 3.36 million FTT tokens. The token swap deal required each party to hold tokens for at least three years.

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