Alameda Research is a quantitative cryptocurrency trading firm which provides liquidity in cryptocurrency and digital asset markets.
According to Onchain Lens monitoring, the U.S. government address (0x9ac...cb0) has emptied another wallet holding crypto assets seized from Alameda Research and FTX, transferring 4,820 ETH to Coinbase Prime, valued at $9.28 million; and transferring 54.89 billion SHIB, 631,740 POWR, and 1.06 million AERGO to three new wallets, valued at $235,600, $27,900, and $22,100 respectively. The wallet currently holds assets worth $0.
According to on-chain analyst Onchain Lens (@OnchainLens), Alameda Research withdrew 162.64 BTC, 274.29 ETH, 315,299 MASK, and 6.877 million USDT from KuCoin over the past two hours, totaling over $20 million in value. Specifically, the BTC is valued at approximately $13.21 million, ETH at around $630,000, and MASK at roughly $168,000.
According to Onchain Lens monitoring, the U.S. government address (0x9ac...cb0) has emptied another wallet holding crypto assets seized from Alameda Research and FTX, transferring 4,820 ETH to Coinbase Prime, valued at $9.28 million; and transferring 54.89 billion SHIB, 631,740 POWR, and 1.06 million AERGO to three new wallets, valued at $235,600, $27,900, and $22,100 respectively. The wallet currently holds assets worth $0.
According to Onchain Lens monitoring, the U.S. government has emptied another wallet holding seized assets from Alameda Research and FTX, distributing the assets to 8 new addresses. The transferred assets include 4,110 AXS, worth $4,100; 5.37 YFI, worth $11,400; 1,230 COMP, worth $21,100; 311,600 MANA, worth $21,800; 0.533 WBTC, worth $34,400; 4,050 NMR, worth $39,900; 138,950 RLC, worth $40,700; and 209.18 ETH, worth $391,000. The original wallet currently holds $0 in balance.
according to Onchain Lens monitoring, Alameda Research FTX transferred approximately 201,000 SOL, worth about $15.14 million, to BitGo custodial addresses via multiple transactions over the course of a few minutes. The funds were distributed to several BitGo custody addresses.
SpaceX's market capitalization has risen to over $2.52 trillion following its listing. Creditors of the bankrupt crypto exchange FTX are focusing on whether its related exposure will increase the bankruptcy estate recovery. Before its collapse in 2022, FTX indirectly held investments in SpaceX through venture capital firm K5 Global. FTX Recovery Trust CEO John J. Ray III reached a settlement with K5 Global in January last year, with both parties agreeing to cooperate to maximize recoveries for FTX stakeholders. Bankruptcy filings show that Alameda Research transferred significant funds to entities affiliated with K5, and K5's funds invested $190 million in SpaceX prior to FTX's collapse. Creditor representative Kyle Schmidt previously estimated that customers with claims exceeding $50,000 could ultimately receive distributions amounting to 171% of their claims, with FTX having already distributed $10.3 billion to customers. FTX creditor Sunil Kavuri stated that based on SpaceX's current market valuation, FTX's exposure to SpaceX could be worth billions of dollars. (Decrypt)
Sam Bankman-Fried (SBF), the founder of FTX who was sentenced to 25 years in prison, stated in a federal prison interview that he "absolutely" hopes to receive a presidential pardon from the U.S. president, but declined to reveal whether his family is lobbying the White House for this purpose.SBF was sentenced to 25 years in prison in March 2024 for the FTX collapse case, after a jury found him guilty on 7 charges including wire fraud and conspiracy. The court determined that FTX customers suffered losses of approximately $8 billion, equity investors lost $1.7 billion, and Alameda Research lenders lost $1.3 billion.However, SBF once again denied misappropriating user funds and claimed that as the crypto market recovers, FTX customers have now received approximately 170% compensation. He stated that FTX was "one of the few platforms with over-collateralized funds," arguing that the criminal prosecution and lengthy prison sentence against him were unjustified.Additionally, SBF also discussed the development of the AI and space industries, expressing regret for missing the AI wave and highly praising Elon Musk's entrepreneurial capabilities. He stated that SpaceX has enormous growth potential and is one of the few companies capable of playing a key role in the space industry. (FOX Business)
According to on-chain analyst Onchain Lens (@OnchainLens), Alameda Research withdrew 162.64 BTC, 274.29 ETH, 315,299 MASK, and 6.877 million USDT from KuCoin over the past two hours, totaling over $20 million in value. Specifically, the BTC is valued at approximately $13.21 million, ETH at around $630,000, and MASK at roughly $168,000.