Latest FTX and SBF news: “I didn’t move the funds”
Join Our Telegram channel to stay up to date on breaking news coverage This week, cryptocurrency kept in Alameda Research-affiliated wallets worth more than $1.7 million was traded on exchanges and moved via coin mixers It seems doubtful that the money is being moved by liquidators as part of bankruptcy proceedings involving FTX and Alameda because coin mixers are designed to conceal the movement of cryptocurrency cash between wallets. As of Friday, a fictitious on-chain detective ZachXBT has discovered that the funds are still in motion. ZachXBT stated that Bitcoin had been transferred to Wasabi, a wallet designed specifically for Bitcoin that allows users to bundle transactions together in an effort to obscure their origins. It is presently unknown who is moving the money from these wallets, but several cryptocurrency experts suggested Bankman-Fried because he is now at home and obviously has access to the internet. He denied it, but other well-known crypto developers, inv