According to an on-chain study, the wallet is Sam Bankman Connected to – Infamous FTX co-founder Freed transferred a number of previously unreported transactions to various blockchains. The transfer was spotted by Coinbase director Conor Grogan, and while most transactions took place on December 28th, there was some recent activity in the first few days of the new year.
On-chain discovery uncovers suspected unreported transactions involving SBF, FTX, and Alameda
About a week ago on December 28, 2022, On-chain investigators said FTX and Alameda Research wallets were moved while former FTX CEO Sam Bankman-Fried was under house arrest. Two days after his transfer of funds, Bankman-Fried tweeted. I have not moved those funds and could not. I can’t access them anymore. ‘ he tweeted on his December 30th, and was immediately inundated with questions. asked, a cryptocurrency advocate and Uponly host, Cobie.
“I think various legitimate means of FTX are likely to have access to these funds. Hopefully that’s what’s happening here,” he said at SBF. added. “If not, I hope someone will step in soon. We are happy to advise regulators on this if necessary.” A week after discovering the movement of addresses linked to FTX and Alameda, Coinbase director Connor Grogan, who frequently tweets about on-chain activity, said a large number of SBF-linked tokens I found it moved. various blockchains. The move has been made on blockchains such as Polygon, Binance Smart Chain (BSC), Arbitrum and Avalanche. Addresses saw outbound movement in coins such as MATIC, AVAX, USDC,USDT, BTCB, WBTC, SPELL, PTP and MDX.
“SBF (or anyone with access to his wallet) may have transferred tens of millions of dollars in previously unreported transactions across the Avalanche, BSC, Arbitrum, and Polygon blockchains. Most likely,” Grogan tweeted. There was also recent activity on 1/02 and 1/03 [and] found a receiving wallet worth over $30 million. I went through each address linked to SBF to check other blockchains. ETH‘s private key works across his EVM chain for others,” he added.
In addition to Grogan’s tweet, on-chain researcher Ergo tweeted about his FTX-related Bitcoin movements on January 4, 2023. “ETH tx resets WBTC deposit addresses, unlike FTX/FTXUS sweeps… Separate FTX and Alameda assets? It contains 502 BTC.” At the time of writing, after the initial 502 BTC, the balance of the address is currently around 3,499 BTC.
Additionally, following Ergo’s tweet, the researcher also shared a tweet indicating that the funds had been sent to the Wasabi wallet. “The bankruptcy team has yet to disclose the address,” Ergo said. Shows more on-chain evidence.”
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