Order

2024

Worldcoin

Spot

Coin

<ul class="wp-block-list news-points"> 
 <li>Alameda transfers $352K in Worldcoin amid FTX’s $12.7B legal fallout.</li> 
 <li>This marks Alameda’s first Worldcoin movement since vesting a year ago.</li> 
 <li>CFTC lawsuit dismissed, but FTX and Alameda banned from trading.</li> 
</ul> 
Embattled crypto firm Alameda Research has transferred 205,387 Worldcoin (WLD) tokens, valued at approximately $352,000, to the cryptocurrency exchange Binance. This transaction marks the first movement of Worldcoin assets held by Alameda Research a year ago. Currently, Alameda holds an extensive portfolio of 24.8 million WLD, equivalent to around $45.6 million. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Alameda Research started depositing their <a href="https://twitter.com/search?q=%24WLD&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$WLD</a> to CEX! 9 hours ago, Alameda Research moved the very first 205,387 <a href="https://twitter.com/search?q=%24WLD&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$WLD</a> ($352K) to <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Binance</a>, after vesting them from the <a href="https://twitter.com/hashtag/Worldcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Worldcoin</a> a year ago. Notably, the deposit came after an N.Y. judge officially ordered FTX and Alameda… <a href="https://t.co/uD21ntrS6R" target="_blank" rel="nofollow">pic.twitter.com/uD21ntrS6R</a>— Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1821739916289814838?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 9, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
This strategic asset transfer coincides with a recent legal development involving Alameda Research and its affiliate, FTX. On August 7, a New York court <a href="https://storage.courtlistener.com/recap/gov.uscourts.nysd.590934/gov.uscourts.nysd.590934.44.0.pdf" target="_blank" rel="nofollow">ordered</a> FTX and Alameda Research to pay a staggering $12.7 billion to creditors.&nbsp; 
This order effect…
The post <a href="https://coinedition.com/cftc-lawsuit-alamedas-12-7b-order-and-352k-worldcoin-transfer/">CFTC Lawsuit: Alameda’s $12.7B Order and $352K Worldcoin Transfer</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

CFTC Lawsuit: Alameda’s $12.7B Order and $352K Worldcoin Transfer

Coin Edition

Other articles published on Aug 9, 2024

Investors Analyze Bitcoin, Ethereum, and XRP Price Movements

Ethereum ETFs Witness $2.9 Million Net Outflows On August 8, BlackRock $11.7M Inflows

Bitcoin Price Prediction: BTC Soars 7%, But Analysts Say This Might Be The Next 100X Crypto

Top 5 Solana-based Altcoin To Buy Amid Market Recovery

Kyrgyzstan set to launch its own digital currency by 2027

Bitcoin Acquisitions as Metaplanet Secures $6.8M Loan for Major Investments

Join our free newsletter for daily crypto updates!