Enigma Fund founder: $240 million in cryptocurrency held by FTX was sold yesterday
Enigma Fund, a Web3 venture capital firm, announced that FTX's $240 million worth of cryptocurrency was sold yesterday.
Nearly 250,000 SOL were transferred to the FTX Estate account, worth more than $18.35 million
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.
The whale address starting with 0xfa2 withdraws 500,000 FTT coins from Binance
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.
SBF defense lawyer: The outcome of the trial is very unfavorable to SBF
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.
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:
