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Ethereum $3,286.66 -1.76%
BNB $620.92 -0.54%
Optimism $2.16 +3.42%
Arbitrum $0.79 -1.40%
Solana $255.10 +4.02%
Polygon $0.45 -0.16%
Cosmos $6.89 +6.96%
Avalanche $38.13 +7.17%

Alameda Wallets Send $1.5M to ChangeNow and Binance, Raising Concerns

Bankrupt crypto trading firm Alameda Research’s wallets have been involved in some questionable transactions of late, as it engages in a series of swaps, converting several ERC-20 tokens to USDT and ETH. The converted assets were then routed through multiple addresses to ChangeNow, FixedFloat, and Binance.

Blockchain security platform Peck Shield highlighted the development in a tweet today. According to Peck Shield, Alameda made the swaps using two ETH addresses, and the addresses began swapping multiple tokens yesterday at 21:05 (UTC). Tokens swapped include SUSHI, AAVE, UNI, LINK, LDO, and many others. Most tokens were in small quantities, except LDO, worth $700K. Whoever is behind the transactions swapped all tokens for USDT and ETH.

(By Ammara)

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