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Reblogged by jeffsonstein ("Jeff Sonstein"):
web3isgreat@indieweb.social ("web3 is going just great") wrote:
Attachments:
- Wallets linked to Sam Bankman-Fried's Alameda Research unexpectedly begin selling off $1.7 million in tokens Wallets known to be controlled by Alameda Research, the crypto trading firm founded my Sam Bankman-Fried and currently in bankruptcy with the other FTX companies, suddenly began selling off large quantities of mostly small altcoins on December 28. Whoever controls the wallets swapped the tokens for Tether stablecoins or Ethereum, then tumbled the funds through cryptocurrency mixers — a strong sign that this was probably not just the FTX liquidators consolidating wallets. Altogether, an estimated $1.7 million was moved through various services to obfuscate the flow of funds. (remote)
