FTX and Alameda recently moved $10.8 million across Wintermute, Binance, and Coinbase exchanges while under receivership.
This involved eight different cryptocurrencies, including StepN, Uniswap, Synapse, Fantom, Shiba Inu, and smaller amounts of Arbitrum and Optimism. Since October 2023, these firms have transferred a total of $551 million across 59 tokens.
Earlier in November 2023, addresses linked to the two companies shifted $24 million in crypto assets to Kraken and OKX exchanges. A U.S. court’s approval granted FTX the sale of digital assets to cover creditor claims, setting a weekly liquidation limit at $100 million per position, extendable to $200 million with special committee approval. This move aligns with FTX’s $873 million asset sale to repay creditors.
