FTX and Alameda Research Wallets Sent $13 million+ Altcoins to Exchanges!

The post FTX and Alameda Research Wallets Sent $13 million+ Altcoins to Exchanges! appeared first on Coinpedia Fintech News

Crypto wallets linked to FTX and its sister firm, Alameda Research, sent more than $13 million in altcoins to various crypto exchanges on Nov. 1. The FTX wallet transferred $8.12 million to Coinbase, with assets including 46.5 million GRT, 972,073 RNDR, and 708.1 MKR. Another $5.49 million was transferred to Binance and Coinbase, with the top three assets being 1.14 million DYDX, 192,888 AXS, and 5,858 AAVE. The wallets continued to send altcoins to exchanges after a court-ordered phase-out liquidation process allowed FTX to sell digital assets worth over $3 billion.

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