FTX/Alameda address transferred over $10 million worth of tokens to CEX
According to PeckShield monitoring, the FTX/Alameda-marked address transferred about 5 million BOBA tokens (worth about $8.7 million) to Coinbase Prime, transferred 1.25 million JOE tokens (worth about $1.38 million) to Binance, and withdrew about 4 million QI tokens (worth about $116,000) from Binance.
FTX says IRS demand for $24 billion in unpaid taxes is delaying recovery of user funds
On December 12th, FTX's lawyers stated in new documents submitted to the Delaware bankruptcy court that the US Internal Revenue Service (IRS) should verify its claim against FTX and explain how it calculated the alleged unpaid taxes. This is the latest step in the months-long dispute between the IRS and FTX's bankruptcy assets, with the focus of the controversy being how much this bankrupt trading platform and its affiliated companies owe the government in unpaid taxes.
FTX/Alameda Research has deposited approximately $591 million in crypto assets to CEX since October 24
On December 9th, Spot On Chain monitoring reported that in the past four days, FTX and Alameda Research transferred 19 types of cryptocurrencies worth $23.59 million to Binance, Coinbase, OKX, and Galaxy Digital OTC.<br>Data shows that since October 24th, FTX and Alameda Research have deposited a total of approximately $591 million worth of 74 tokens into exchanges.
FTX/Alameda address has transferred 17,100 SOL to wintermute
PeckShield monitoring shows that the FTX/Alameda-marked address has transferred a total of about 17,100 SOL (worth about $1.05 million) to Wintermute.
The total amount of assets transferred out by FTX related addresses today reached US$22 million.
According to Lookonchain monitoring, the FTX/Alameda address has transferred assets worth $22 million today, including:
5 hours ago, FTX related addresses transferred 7 crypto assets to Coinbase and other institutions.
According to Ember Monitoring, 5 hours ago, FTX/Alameda-related addresses continued to transfer 7 kinds of assets worth a total of $18.42 million:
Former FTX CEO Sam Bankman-Fried Chooses Not to File Post-Trial Motions, Focus Shifts to Sentencing and Potential Second Trial
Sam Bankman-Fried, the ex-CEO of FTX, has decided not to file any post-trial motions and his legal team may pursue claims on appeal after his conviction on seven federal fraud charges. His sentencing is scheduled for March 28, and there is uncertainty about the prosecution's plans for a second trial initially slated for March. Bankman-Fried's incarceration has become a focus in the crypto community's ongoing legal narrative, highlighting the increasing legal scrutiny facing prominent figures in the cryptocurrency industry.
FTX/Alameda related addresses transferred $10.8 million in assets to Wintermute, Binance and Coinbase in the past 11 hours
According to Spot On Chain monitoring on December 1st, FTX and Alameda Research transferred eight assets worth $10.8 million to Wintermute, Binance, and Coinbase in the past 11 hours. These assets include 10 million GMT tokens (approximately $2.58 million), 407,000 UNI tokens (approximately $2.41 million), 5.23 million SYN tokens (approximately $2.25 million), 8.76 million KLAY tokens (approximately $1.64 million), 3.87 million FTM tokens (approximately $1.18 million), 77.77 billion SHIB tokens (approximately $644,000), and small amounts of ARB and OP.
FTX/Alameda related addresses transferred $2.8 million GMT to Wintermute
According to on-chain analyst Yu Jin's monitoring, 5 minutes ago, FTX/Alameda related addresses transferred 10,308,268 GMT (2.8 million US dollars) to Wintermute.
Court approves FTX sale of $744 million worth of Grayscale crypto asset trust shares
On November 30th, FTX has been approved by the bankruptcy court to sell its approximately $744 million worth of cryptocurrency asset trust shares in Grayscale Investments to raise funds to repay billions of dollars in debt to creditors.
