Enigma Fund, a Web3 venture capital firm, announced that FTX's $240 million worth of cryptocurrency was sold yesterday.

Whale Alert has monitored that around 3:46 AM on Friday Beijing time, 249,999 SOL were transferred from an unknown wallet to FTX Estate account, worth $18,358,953.

According to Spot on Chain monitoring on December 13th, a whale address starting with 0xfa2 withdrew 500,000 FTT coins (approximately 2.41 million USD) from Binance about 30 minutes ago. It is worth noting that due to FTX and Alameda holding about 76% of the total supply of FTT, the actual circulating supply of FTT is very small and easily manipulated by whale addresses.

David Mills, the defense lawyer representing SBF in the FTX fraud case trial, expressed frustration and disappointment, stating that SBF was the most challenging client he had ever encountered. Mills admitted that the trial's outcome was unfavorable to the former CEO, and that the legal challenges and complexities surrounding the case made it difficult for the defense to obtain a favorable outcome. Despite acknowledging shortcomings in SBF's handling of cross-examination, Mills believed that even if his performance had improved, it would not have changed the trial's outcome. The jury ultimately found the former executive guilty of embezzling billions of dollars from FTX customers within a few hours.

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.

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.

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.

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.

According to Lookonchain monitoring, the FTX/Alameda address has transferred assets worth $22 million today, including:

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:

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.

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.

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.

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.

FTX has been approved to sell $744 million in Grayscale assets, according to Bloomberg.

According to Pai Shield monitoring, FTX/Alameda transferred out 1.65 million SAND and 33,000 YGG.

According to data monitored by Spot On Chain, FTX and Celsius Network have both transferred ETH in the past hour.

Whale Alert monitoring data shows that about an hour ago, 129,793,313 TRX (worth $13,550,946) was transferred from the FTX Estate account (possibly by a hacker) to an unknown wallet.

On November 28th, Asian cryptocurrency venture capital firm Foresight Ventures announced the hiring of former founding team member Min Xue from Light Source Capital as the new partner of the incubation department Foresight X, responsible for accelerator business, and also hired former FTX corporate communications director Natalie Tien as the public relations director.

PeckShield monitoring shows that FTX address has transferred 250,000 SOL tokens (worth about $13.6 million) to Wintermute. Alameda address has transferred about 8 million MATIC tokens to CEX including OKX and Coinbase.