Sam Bankman-Fried, the previous CEO of the now-defunct FTX trade, has denied shifting funds tied to Alameda wallets, days after he was launched on a $250 million bond.
On Dec. 30, Fried tweeted to his 1.1 million followers, denying any involvement within the motion of funds from Alameda wallets. In response to the allegations that he could have been chargeable for shifting funds out of Alameda wallets, he shared: “None of those are me. I am not and could not be shifting any of these funds; I haven’t got entry to them anymore.”
None of those are me. I am not and could not be shifting any of these funds; I haven’t got entry to them anymore.https://t.co/5Gkin30Ny5
— SBF (@SBF_FTX) December 30, 2022
SBF’s tweet was in response to a information story printed by Cointelegraph, which reported {that a} pockets deal with that began with 0x64e9 had obtained over 600 ETH from wallets that belonged to Alameda. Based on on-chain transactional data, a part of the funds had been swapped to USDT whereas the opposite a part of the transaction was despatched to a mixing service.
The motion of funds and the way by which it was moved raised suspicions inside the crypto group that it might have been an inside job. Some suspected that SBF could have been behind it. The Alameda pockets was discovered to be swapping bits of ERC-20s for Ether and USDT, which had been then funneled by prompt exchanges and mixers.
Alameda ETH addresses are digging round within the couch for spare change and swapping bits ERC20s for ETH/USDT.
ETH and USDT then funneled by prompt exchangers.
Rings some main alarm bells…https://t.co/GRVtChDL9rhttps://t.co/LJBi7cuFZLhttps://t.co/nxcXWgm5VO pic.twitter.com/AqcgxVRoMr
— ∴Ergo∴ (@ErgoBTC) December 28, 2022
Associated: FTX founder reportedly cashes out $684K after being launched on bail
Based on an on-chain investigation carried out by DeFi educator BowTiedIguana, SBF has reportedly cashed out $684,000 in crypto by way of. an trade in Seychelles, whereas being underneath home arrest.
On Dec. 29, BowTiedIguana reported on a collection of pockets transactions that had been allegedly linked to SBF. The transaction data appeared to counsel that the previous FTX CEO could have violated launch situations to not spend greater than $1,000 with out permission from the court docket.
Did disgraced crypto founder Sam Bankman-Fried simply money out $684k to a crypto trade within the Seychelles whereas underneath home arrest?
His launch situations are that he not spend greater than $1,000 with out permission from the court docket.
Let’s look at the proof on chain
— BowTiedIguana (@BowTiedIguana) December 30, 2022
