Former FTX exchange CEO Sam Bankman-Fried has denied moving funds linked to the Alameda wallet days after his release.
On December 30, Sam Bankman-Fried In a tweet to his 1.1 million followers, he denied any involvement in moving funds from the Alameda wallet after suspicions that he may have moved funds from the Alameda wallet. “These people are not me. I am not and cannot move those funds. I can no longer access my bag.”
SBF’s tweet was a response tonews thatpreviously published that Wallet addresses starting with 0x64e9 received more than 600 ETH from Alameda-owned wallets, according to network transaction logs. Part of the money was exchanged for USDT while the other part of the transaction was sent to a transaction masking service.
This capital move has raised suspicions in the crypto community that it could be an insider. And some suspected that SBF might be behind it. The Alameda wallet was seen exchanging various ERC-20 tokens for Ether and USDT, which were then immediately sent to exchanges and transaction masking services.
According to an online investigation conducted by BowTiedIguana SBF reportedly withdrew $684,000 in cryptocurrency via a Seychelles-based exchange while under quarantine.
By December 29, BowTiedIguana Reports on a series of wallet transactions believed to be linked to SBF contained transactions that appeared to suggest that the former FTX CEO may have violated a condition of release not to spend more than $1,000 without court approval.
The post Sam Bankman-Fried The latest incident appeared first on Bitcoin Addict.