In a variety of ongoing research, FTX transferred funds again. It is reported that the address related to the unsuccessful login password exchange has transferred about $145 million smooth code to various service platforms.
As LookonChain discovered on March 14, three wallets related to Alameda Research, a subsidiary of FTX, have already transferred 69.64 million USDT and 75.94 million USDC. Tie rope storage has entered Coinbase, Binance and Kraken and other channels to store wallets. All the money in USDC has been transferred to Coinbase escrow wallet.
Both FTX and Alameda are seeking property because it faces rules to return money to different groups of investors. According to Andy Dietderich, a FTX teacher, by January 2023, the desperate cryptocurrency trading center had already recovered $5 billion in funds and negotiable cryptocurrencies. However, its total debt exceeds $8.8 billion.
The latest news of the FTX bankruptcy is a new agreement with a company owned by the Abu Dhabi government. Alameda Research sold its remaining interest in venture capital firm Sequoia Capital to the Abu Dhabi sovereign wealth fund for $45 million.
In March this year, Alameda Research filed a lawsuit against GrayScale Investments in the Delaware Court of Chancery. The lawsuit seeks to open $9 billion or more of its value for shareholders of grayscale Bitcoin and Ethernet Fang private equity funds.] And achieve a net asset value of more than $2.5 billion for FTX Debtors users and debtors.
With the case against FTX piling up, some appellants have ordered a merger of prosecutions against failed exchanges. However, on 8 March, a presiding judge rejected the merger request, highlighting that the accused was allowed to clarify the facts. Jacqueline Kono, the US district chief judge, recently rejected five proposed class action claims against FTX.
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Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
Tue, 18 Apr 2023