Although Alameda Research is under Chapter 11 bankruptcy law in the United States, on-chain analysts have noticed that around 30 addresses affiliated with the company have sold and sent tokens in mixers. cryptocurrencies for $1.7 million.
https://cryptoast.fr/a-quoi-joue-alameda-research-1-7-million-dollars-envoyes-mixeurs/
Alameda Research sells tokens to send to mixers
While Alameda Research is believed to be placed under Chapter 11 of the United States bankruptcy law, several attentive on-chain analysts noted token sales on some of his addresses, all sent to mixers.
The details of these movements were notably relayed by the Arkham Intelligence Twitter account, which published a thread detailing the movements on all the addresses concerned :
Sharp-eyed users may have noticed a number of interesting movements from Alameda wallets in the past 24 hours.
These wallets had been inactive for multiple weeks before they ‘woke up’ last night.
Over $1M has been sent through crypto-mixers by Alameda wallets.
What gives?
👇 pic.twitter.com/rUbqCMPjNX
— Arkham | Crypto Intelligence (@ArkhamIntel) December 28, 2022
Thereby, at least thirty addresses have been identifiedthese having “woken up” at the same time in the last 24 hours after a period of inactivity since December 1st.
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Is it the work of Sam Bankman-Fried or of a liquidator?
Arkham Intelligence observes that the holdings of these addresses were sold for ETH, USDT or renBTC, for a total of approximately $1.7 million. Finally, these funds have been mixed to anonymize them thanks to different services:
270.5 ETH, or $325,000, via ChangeNOW; 800,000 USDT via FixedFloat; $200,000 of renBTC with Curve SynthSwap to reach the Bitcoin (BTC) network; $200,000 via various mixing services.
The use of mixing services makes Arkham Intelligence say that they are unlikely to be court-ordered liquidators. If this reflection is founded, it is therefore a question of knowing who is behind these movements.
As Sam Bankman-Fried was released on bail last week, speculation could point in his direction, but it’s hard to say anything with certaintyadding an extra layer of blur to all events surrounding FTX.
The thing is, now that Alameda Research is bankrupt, any financial decision must be approved in advance. Justice could then seize the case, if it is not at the origin of these transactions.
👉 Also in the news – Contagion FTX: the DeFi Midas platform closes its doors
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I timidly discovered the world of blockchain at the end of 2018 during my quest for financial freedom. Initially invested moderately, it was only two years later that I took the gamble of betting everything on the movement that was taking shape then. I then dedicate 2021 to training myself better to acquire more knowledge and seriousness. As I often like to say: I still have a billion things to learn. And what I do know, I want to share with you.
Vincent Mayor
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