FTX and Alameda Research Transfer $14.4 Million Worth of Tokens to Centralized Exchanges
FTX and Alameda Research have transferred $14.4 million worth of tokens, including $MATIC, $BAND, $PERP, $TRU, $BICO, $KNC, $CVC, and $BOND, to centralized exchanges. However, despite these transfers, the two firms still hold $736 million worth of EVM assets. The transfers were made in alignment with the firms' plans to sell some of their digital assets to pay back creditors. Former CEO of FTX, Sam Bankman-Fried, testified that he believed taking FTX deposits was legal.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin dips below $100,000, memecoins plummet as market responds to US tariffs
The crypto market has dipped in response to President Trump’s plan to enact steep tariffs on imported goods from Canada, Mexico, and China beginning on Tuesday.Canada and Mexico have ordered retaliatory tariffs in response, while China promised “corresponding countermeasures” and said it would file a lawsuit with the WTO.Memecoins were particularly hard-hit by the downturn, with many top coins seeing double-digit percentage drops. Trump’s memecoin has fallen nearly 30% over the past week.
Ethereum Price Dips, Yet Increased Buying Activity Indicates Promising Future
Despite Bearish Trends, Increased Buying Activity Hints at Potential Breakout for Leading Altcoin, Ethereum
Overview: SOL vs ETH – Deciphering Key Aspects of the Solana-Ethereum Ratio
Untangling the SOL/ETH Dynamics: An In-Depth Look at Solana's Potential for Recovery Following Its Recent 25% Decline
Two Whales Messed Up on Two Different Altcoins – Forced to Sell at a Huge Loss on the Last Drop
According to Onchain data, two different crypto whales sold their positions after losing on two altcoins. Here are the details.
Trending news
MoreCrypto prices
More
