Alameda Research, the trading unit associated with bankrupt crypto exchange FTX, has received millions of dollars worth of tokens from crypto exchange OKX. According to data from on-chain analytics tool Arkham Intelligence, Alameda received over $57 million of tether (USDT) and $300,000 in mask (MASK) tokens from OKX on Tuesday. The receiving wallets are controlled by the FTX Bankruptcy Estate, which was created to assist creditors of both FTX and Alameda following their collapse last year.

Deltec International Group, a Cayman Islands company serving Tether, instructed by judge to repay nearly $53 million loan to FTX's trading arm, Alameda Research.

Julia Leung has stated that cryptocurrency platforms must be regulated from the perspective of investor protection, as they are part of the Web 3.0 ecosystem.

FTX's counsel has proposed an order for Deltec International Group (DIG) to turn over assets from a promissory note linked to Alameda Research and former FTX executive Ryan Salame. Salame executed a promissory note agreeing to pay Alameda Research the principal amount of $50 million plus interest, which was later transferred to DIG. Despite the note being between Norton Hall and DIG, Norton Hall denied Salame's directorship and did not authorize the DIG Promissory Note. The debtors have reached an agreement with DIG, Norton Hall, and Ryan Salame regarding repayment of the note, but the amount to be received is not disclosed. A hearing on the order is set for April 12.

Crypto exchange OKX has announced it will return $157 million in frozen assets from bankrupt crypto firms FTX and Alameda Research. The funds were seized in November 2022 after FTX collapsed. OKX had frozen accounts and safeguarded the assets associated with the bankrupt firm. It did not provide further information about the kind of assets it was returning. OKX also announced it would open an office in Australia soon as part of its global expansion attempt. The country is one of several pushing for crypto regulation, with its finance minister arguing that crypto assets should be regulated as financial products.

The extradition of TerraForm Labs founder Do Kwon from Montenegro has been requested by both the U.S. and South Korea, Justice Minister Marko Kovac said at a Wednesday press conference.

Sam Bankman-Fried, founder of fallen crypto exchange FTX, has been paying his legal fees from a multi-million dollar gift he gave his father with money borrowed from FTX's sister company, according to Forbes. Bankman-Fried, who has pleaded not guilty to criminal charges including wire fraud, money laundering and securities fraud, is accused of misappropriating FTX customer funds through Alameda Research, the company's trading firm. Bankman-Fried made a large monetary gift to his father, Stanford Law professor Joseph Bankman, which was funded by a loan from Alameda Research, according to Forbes. Lawyers for FTX did not respond to a request for comment.

MicroStrategy has increased its total Bitcoins holdings to 138,955 BTC, purchased for $4.1 billion at an average of $29,817 per coin.

A wallet controlled by the FTX bankruptcy estate has received several tranches of the Arbitrum (ARB) airdrop from wallets linked to Alameda Research, on-chain data shows.

Coinbase CEO Brian Armstrong sold Coinbase shares prior to receiving a warning from the Securities and Exchange Commission (SEC)