Railgun

tBTC

Spot

<p><strong>As Sam Bankman-Fried’s fraud trial for the collapse of crypto exchange FTX kicks off on Tuesday, October 3rd, suspicious movements of funds linked to the FTX exploiter addresses have been observed. </strong></p> 
<p>Over the past three days, a total of 37,500 ETH worth $63.2 million has been transferred out from three known FTX exploiter wallets, as <a href="https://x.com/spotonchain/status/1709083994271502756?s=20" target="_blank" rel="noopener noreferrer nofollow">reported </a>by Spot on Chain on X (Twitter). </p> 
<figure class="wp-block-image size-large"> 
 <img decoding="async" loading="lazy" width="1002" height="1024" src="https://captainaltcoin.com/wp-content/uploads/2023/10/image-44-1002x1024.png" alt="" class="wp-image-347719" srcset="https://captainaltcoin.com/wp-content/uploads/2023/10/image-44-1002x1024.png 1002w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-44-294x300.png 294w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-44-767x784.png 767w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-44-1503x1536.png 1503w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-44-2004x2048.png 2004w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-44-147x150.png 147w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-44-100x102.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-44-343x350.png 343w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-44-788x805.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-44.png 1282w" sizes="(max-width: 1002px) 100vw, 1002px"> 
</figure> 
<p>The bulk of this, 35,000 ETH worth $59 million, was sent to the Thorchain router and Railgun contract, likely for laundering purposes. Another 2,500 ETH worth $4.19 million was swapped to 153.4 tBTC at an average price of $27,281.</p> 
<p>Despite these transfers, the FTX exploiter still holds a sizable balance of 148,246 ETH worth $247 million across 13 addresses. The timing of these fund shuffles, occurring right before SBF’s fraud trial, suggests they may be connected to the proceedings in an effort to obfuscate holdings and launder funds. However, this connection is speculative at this stage.</p> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"> <strong>74% of retail CFD accounts lose money.</strong> 
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc"> <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. 
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. 
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. 
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate. 
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc. 
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/63200000-in-ehereum-transferred-from-ftx-exploiter-wallets-ahead-of-sbf-trial/">$63,200,000 in Ehereum Transferred from FTX Exploiter Wallets Ahead of SBF Trial</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

$63,200,000 in Ehereum Transferred from FTX Exploiter Wallets Ahead of SBF Trial

Table of Contents

CaptainAltcoin

Other articles published on Oct 3, 2023

DOGE and SHIB Break Bullish Patterns As Investors Cash In

The Unprecedented $5 Billion Offer: Bankman-Fried’s Attempt to Sway Trump?

Harga BTC Diprediksi Meroket Ke US$145.000 di Akhir Tahun 2025

Jennifer Aniston Mentions Bitcoin on Apple TV's Good Morning Show

Arbitrix Edge review: how it compares with Bitcoin 360 AI and Biticodes

Bitcoin SV Price Prediction as BSV Outperforms Bitcoin – Are Whales Now Moving to BSV?

Join our free newsletter for daily crypto updates!