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Firms FTX and Alameda transferred $10.8 million in cryptocurrency to the Wintermute, Binance and Coinbase exchanges. 
According to Spot On Chain, the companies — now under receivership — transferred $10.8 million in eight crypto assets: 10 million StepN (<a href="https://crypto.news/price/stepn/">GMT</a>) ($2.58 million), 407,000 Uniswap (<a href="https://crypto.news/price/uniswap/">UNI</a>) ($2.41 million), 2.23 million Synapse (<a href="https://crypto.news/price/Synapse/">SYN</a>) ($2.25 million), 8.76 million Fantom (<a href="https://crypto.news/price/Fantom/">FTM</a>) ($1.18 million), 77.77b Shiba Inu (<a href="https://crypto.news/price/shiba-inu/">SHIB</a>) ($644,000), as well as small amounts of Arbitrum (<a href="https://crypto.news/price/Arbitrum/">ARB</a>) and Optimism (<a href="https://crypto.news/price/Optimism/">OP</a>). 
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 🚨 <a href="https://twitter.com/hashtag/FTX?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#FTX</a> and <a href="https://twitter.com/hashtag/Alameda?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Alameda</a> moved out $10.8M worth of 8 assets to <a href="https://twitter.com/hashtag/Wintermute?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Wintermute</a>, <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Binance</a>, and <a href="https://twitter.com/hashtag/Coinbase?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Coinbase</a> in the past 11 hrs: 10M <a href="https://twitter.com/search?q=%24GMT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$GMT</a> ($2.58M) 407K <a href="https://twitter.com/search?q=%24UNI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$UNI</a> ($2.41M) 5.23M <a href="https://twitter.com/search?q=%24SYN&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$SYN</a> ($2.25M) 8.76M <a href="https://twitter.com/search?q=%24KLAY&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$KLAY</a> ($1.64M) 3.87M <a href="https://twitter.com/search?q=%24FTM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$FTM</a> ($1.18M) 77.77B <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$SHIB</a> ($644K) and small amounts of <a href="https://twitter.com/search?q=%24ARB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$ARB</a> and <a href="https://twitter.com/search?q=%24OP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$OP</a>. Note… <a href="https://t.co/UZkn8bmQ89" target="_blank">https://t.co/UZkn8bmQ89</a> <a href="https://t.co/0jb5ZMHvC7" target="_blank">pic.twitter.com/0jb5ZMHvC7</a>— Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1730413448365003196?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">December 1, 2023</a>
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In total, since Oct. 2023, FTX and Alameda have transferred $551 million worth of 59 tokens. 
In Nov. 2023, addresses affiliated with the collapsed FTX and Alameda <a href="https://crypto.news/ftx-and-alameda-transferred-24m-in-crypto-kraken-and-okx/">transferred</a> $24 million worth of crypto assets to the Kraken and OKX crypto exchanges. 
On Sep. 13, a U.S. court approved a plan to sell FTX’s digital assets to pay off creditor claims. According to the resolution, the exchange <a href="https://crypto.news/delaware-judge-allows-ftx-to-sell-up-to-100-million-of-coins-every-week/">must liquidate</a> no more than $100 million worth of tokens per week for each position. However, with the approval of a special committee, the limit can be increased to $200 million, either on a one-time or ongoing basis. 
 You might also like: <a href="https://crypto.news/ftx-approved-to-sell-assets-worth-873m-for-creditor-repayment/"> FTX approved to sell assets worth $873m for creditor repayment </a>

FTX and Alameda transferred $10.8m in cryptocurrency to three exchanges

crypto.news

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