This week, the FTX debtor issued a press release and a 20-page document noting that the bankruptcy trustee found $5.5 billion in liquid assets. The document details that investigators found fiat money, crypto assets, and securities as part of FTX and Alameda Research’s cache. However, the disclosure to unsecured creditors does not mention the company’s very large stash of non-fossil tokens that it has accumulated over the years.
FTX and Alameda’s liquidated assets include thousands of NFT and ENS names
FTX’s Inner Circle and Alameda Research, a quantitative trading firm, were deeply involved in the non-fiat token (NFT) hype that began in 2021. Indeed, after FTX and Alameda filed for bankruptcy protection, our news desk analyzed a large number of Alameda/FTX-related wallets and discovered thousands of NFT and Ethereum Name Service (ENS) names.
findings were derived from walletslabeledby block researchers; data analyzed from Larry Cermak and crypto monitoring applications Arkham Intelligenceanddata parsed from dappradar.comportfolio viewer. Data parsed from the portfolio viewers ofFor example, the Alameda Link address “” is 0x116” holds approximately $100,000 in crypto tokens, but it also holds 107 ENS names; Alameda may have thought it could invert ENS names in the future because it acquired a large number of common names possible that Alameda thought it could invert the ENS name in the future.
Alameda and the current liquidator have a number of ENS names, including “tickets.eth,” “payment.eth,” “network.eth,” “dungeon.eth,” “packager.eth,” “nootropic.eth,” and “breast.eth.” We own many ENS names. Most are not worth much, but some specific ENS names, such as “payment.eth” and “network.eth,” fetch close to $9,000 each. Alameda’s collection of ENS names was shown to FTX’s unsecured creditors in a 20-page Not mentioned in the presentation.
Last January, several mirrored non-fungible token (NFT) collections appeared that copied the artwork of Cryptopunks and Bored Ape Yacht Club’s (BAYC) NFTs, causing much controversy. Interestingly, Alameda’s.ETH address “0x0f4” holds a large number of unofficial “inverted” Cryptopunks and “mirror” BAYC NFTs.
The “0x0f4” address holds 2,447 NFTs in its wallet from 629 different NFT collections; Alameda’s “0x0f4” is a collection of Time Frog, Party-Animals, Metawarden, Shrouded NFTs from compilations such as Playground, and many more from dozens of relatively unknown NFT collections.
Alameda also collects good non-fundable tokens (NFTs), and according torecordsthe company has acquired 11 legitimate cryptopunks with a total estimated value of $784,000. The trading platform purchased 7 Art Blocks Curated on January 20, 2023 with an estimated value of approximately $1.47 million.
Alameda and the current liquidator of The 81 land NFTs from Sandbox with a total estimated value of $155,000; Alameda also acquired two Otherdeeds currently worth approximately $25,000 and 12 different Meebits currently worth an estimated $88,000. A large number of blue-chip NFTs can be found atETHaddresses; ETH addresses “. 0xca4.”
This wallet holds Alameda’s most valuable NFTs, including an Otherdeed land title and two Mutant Ape Yacht Club (MAYC) NFTs worth approximately $50,000 in total. larry Cermak’s Alameda address list highlights approximately 29 different Ethereum addresses. In addition, data from Arkham Intelligence shows that there are 68 addresses associated with the quantitative trading platform Alameda Research.
Of the wide range of Alameda addresses, a significant number of wallets own NFTs. Most of these wallets are presumably controlled by the FTX bankruptcy team and liquidators. In tokens alone, Alameda’s 68 tethered Ethereum-based wallets represent a net value of approximately $189.12 million.
Image credits: Shutterstock, Pixabay, Wiki Commons, Editorial credit: Arkham Intelligence visualization, Dune Analytics, dappradar.com,