Has SBF just paid $ 684,000?
Has SBF just paid $ 684,000?
Sam Bankman-Fried (SBF), the fold-down founder and former CEO of the bankruptcy crops cryptocurrency exchange FTX, has reportedly paid crypto-assets worth 684,000, despite judicial restrictions on expenditure over 1,000 USD
The on-chain-defi-analyst Bowtiediguana went on Twitter to Develop The place to which SBF transferred the money.
on the trail of money
according to Bankman-Fried’s Dollar deposit Last week, the FTX boss sent all ether (Eth) in his public wallet to A New wallet address - 0x7386df2cf7e9776bce072c27d6a7135d51cb.
A few hours later, cryptocurrencies worth $ 367,000 of 32 addresses, which the SBF trade company Alameda Research belonged, were transferred to the same wallet.
The address received a further $ 322,000 from other wallets, which increased the total assets to around $ 689,000.
The Wallet address, 0x7386, then sent token worth $ 629,000 from their entire inventory Another Wallet address -0x64e9b9cd74a4631cb033afa6e78683.
Elf Wallet addresses, which are marked as accounts in the possession of Alameda, sent a total of $ 1 million to the same wallet address, 0x64e9. Then five transactions of less than 51 ETH were carried out because they were sent to a freshly created wallet address.
funds transferred to the stock exchange of the Seychelles
The funds were then transferred to a crypto exchange based on the Seychelles that do not carry out any know-your-customer (KYC) activity for users.
parts of the funds were also moved via the Ren protocol and then to the Bitcoin network. The Ren protocol is a gateway that enables everyone to send BTC, ZEC and BCH via blockchains. Alameda took over the platform in February 2021.
Three sentences of 200,000 USDT were also transferred to fixedfloat, a self-controlled crypto exchange that facilitates transactions via their Lightning Network.
It is still unclear whether SBF is really behind the withdrawals, but it is only a matter of time for US lawyers to examine the transactions.
Supervisory authorities of the Bahamas confiscated 3.5 billion USD from FTX
Meanwhile, the authorities of the Bahamas assets from FTX Digital Markets, the Bahama Subject of the Bankrotte Krypto exchange, have confiscated $ 3.5 billion in order to prevent the money from disappearing.
According to the supervisory authorities, the funds are paid back to investors at the discretion of the court.
The Post has SBF just paid $ 684,000? first appeared on cryptopotato.
.