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FTX and Alameda linked wallets transfer $10M of crypto to exchanges in just 5 hours

According to Spot on Chain data, an address listed as “likely” belonging to FTX transferred 2,904 Ether (ETH), worth over $5 million at the time, to another address at 8:18 pm UTC on October 24. This address then sent $3.4 million of the funds to a Binance deposit address and $1.8 million to a Coinbase (NASDAQ:COIN) deposit address. Thirty-nine minutes later, a wallet identified as belonging to Alameda Research sent $95 worth of tokens to this address, including some LINK (LINK), MKR and AAVE (AAVE).

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Source: Cryptocurrency - investing.com

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