Coin

<ul class="news-points"> 
 <li>Lookonchain tweeted that FTX transferred $19 million worth of SOL out and deposited 1,583 ETH to exchanges.</li> 
 <li>FTX founder is guilty of seven charges and will be sentenced by Judge Kaplan in March.</li> 
 <li>A federal prosecutor says that the judge could take SBF’s age into consideration and give him a shorter sentence.</li> 
</ul> 
Market analysis platform Lookonchain tweeted that <a href="https://coinedition.com/tag/ftx-news/">FTX</a> transferred 462,964 $SOL ($19.2 million) and deposited 1,583 $ETH ($3 million) to exchanges. When the aggregate of the transfers made by FTX/Almeda was calculated as of November 7, it added to almost $275 million in crypto assets.&nbsp;&nbsp; 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 UPDATE: FTX transferred 462,964 <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$SOL</a>($19.2M) out 8 hours ago and deposited 1,583 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a>($3M) to exchanges 5 hours ago. As of Nov 7, FTX/Alameda had transferred ~$275M in crypto assets.<a href="https://t.co/UQrOPnA34R" target="_blank" rel="nofollow">https://t.co/UQrOPnA34R</a> <a href="https://t.co/ZaVpVIhba8" target="_blank" rel="nofollow">pic.twitter.com/ZaVpVIhba8</a>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1721711122968084516?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 7, 2023</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
Meanwhile, in the proceedings in the courtroom a few days ago, a jury of twelve found FTX founder Sam Bankman-Fried guilty of all seven criminal charges brought against him. As such, the resounding question is, for how long will Bankman-Fried be kept behind bars?&nbsp; 
As per the CNBC report, Judg…
The post <a href="https://coinedition.com/ftx-transfers-19m-worth-of-sol-and-deposits-1500eth-what-is-happening/">FTX Transfers $19M Worth of SOL and Deposits 1500+ETH, What is Happening?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

FTX Transfers $19M Worth of SOL and Deposits 1500+ETH, What is Happening?

Coin Edition

Other articles published on Nov 7, 2023

XRP Price Gain Momentum, Targeting $1 by November End?

Oasys Enters Strategic Collaboration With Payment Solution Provider Singularity

SK Telecom, Aptos, and Atomrigs Lab Team Up for the Web3 Experience!

Bitcoin Ordinals see resurgence on Binance listing

Ordinals and Memeinator price prediction as Binance lists ORDI

Kazakhstan reportedly blocked access to Coinbase

Join our free newsletter for daily crypto updates!