{"id":70643,"date":"2022-11-27T09:11:50","date_gmt":"2022-11-27T07:11:50","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=70643"},"modified":"2025-09-08T03:28:50","modified_gmt":"2025-09-08T00:28:50","slug":"arkham-alameda-research-moved-more-than-200-million-from-ftx-us-before-the-collapse","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/arkham-alameda-research-moved-more-than-200-million-from-ftx-us-before-the-collapse\/","title":{"rendered":"Arkham: Alameda Research moved more than $200 million from FTX US before the collapse"},"content":{"rendered":"<p>Shortly before FTX Group filed for bankruptcy, Alameda Research moved more than $200 million in digital assets from wallets belonging to the exchange&#8217;s U.S. subsidiary. Arkham analysts said.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Arkham analysed flows from FTX US in the final few days before the collapse, finding that Alameda withdrew the most funds, at $204M.<\/p>\n<p>Below is a diagram of withdrawals to Arkham-identified entities from FTX US.<\/p>\n<p>n.b. this thread regards FTX US assets only, not FTX International. <a href=\"https:\/\/t.co\/QFPVlVIWhO\">pic.twitter.com\/QFPVlVIWhO<\/a><\/p>\n<p>\u2014 Arkham | Crypto Intelligence (@ArkhamIntel) <a href=\"https:\/\/twitter.com\/ArkhamIntel\/status\/1596196768797974528?ref_src=twsrc%5Etfw\">November 25, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>On November 11, 2022, FTX Group <a href=\"https:\/\/u1f987.com\/en\/news\/ftx-group-files-for-bankruptcy-sam-bankman-fried-resigns-as-ceo\">filed for bankruptcy <\/a>in accordance with Chapter 11 of the U.S. Bankruptcy Code.<\/p>\n<p>Analysts identified eight addresses to which, since November 6, 2022, Alameda Research moved a total of $204 million in digital assets. The majority of these funds (69.8%) were sent to wallets linked to FTX International.<\/p>\n<p>According to Arkham, the Sam Bankman-Fried-affiliated company withdrew from FTX US:<\/p>\n<ul class=\"wp-block-list\">\n<li>$38.06 million in WBTC;<\/li>\n<li>$49.39 million in Ethereum;<\/li>\n<li>$116.52 million in USD-pegged stablecoins.<\/li>\n<\/ul>\n<p>Analysts said that the wrapped assets were moved to the native network. Some ETH were sent to the FTX platform, some \u2014 to <a href=\"https:\/\/etherscan.io\/address\/0xa205fD7344656c72FDC645b72fAF5a3DE0B3E825\">the address<\/a>, which Alameda Research uses in OTC trades.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">This is 0xa205fD7344656c72FDC645b72fAF5a3DE0B3E825<\/p>\n<p>A large wallet that is very active in OTC trading, and still making token transfers even today.<\/p>\n<p>It\u2019s unknown whether the almost 14M in ETH was sent to 0xa20 as part of an trade, or as an internal fund transfer within Alameda. <a href=\"https:\/\/t.co\/NMGy6Aj3Ey\">pic.twitter.com\/NMGy6Aj3Ey<\/a><\/p>\n<p>\u2014 Arkham | Crypto Intelligence (@ArkhamIntel) <a href=\"https:\/\/twitter.com\/ArkhamIntel\/status\/1596196804294369282?ref_src=twsrc%5Etfw\">November 25, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cA large wallet that is very active in OTC trading and is still moving tokens today. It is unknown whether the almost $14 million in ETH was sent as part of a trade, or as an internal fund transfer within Alameda,\u201d Arkham said.<\/p>\n<\/blockquote>\n<p>The stablecoins were split across centralized exchanges:<\/p>\n<ul class=\"wp-block-list\">\n<li>$10.04 million in USDT sent to Binance;<\/li>\n<li>$32.17 million in USDT swapped for USDC and transferred to FTX;<\/li>\n<li>$47.38 million in USDT and $10.15 million in USDC sent directly to FTX;<\/li>\n<li>$16.28 million in BUSD and $0.50 million in TUSD were also transferred to the platform founded by Bankman-Fried.<\/li>\n<\/ul>\n<p>As noted, FTX and related entities in bankruptcy have <a href=\"https:\/\/u1f987.com\/en\/news\/ftx-owes-3-1-billion-to-its-50-largest-creditors\">$3.1 billion<\/a> in obligations to the 50 largest creditors.<\/p>\n<p>Read ForkLog&#8217;s cryptocurrency news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shortly before FTX Group filed for bankruptcy, Alameda Research moved more than $200 million in digital assets from wallets belonging to the exchange&#8217;s U.S. subsidiary. Arkham analysts said.<\/p>\n","protected":false},"author":1,"featured_media":70644,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1435,1236],"class_list":["post-70643","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-alameda-research","tag-ftx"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/70643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=70643"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/70643\/revisions"}],"predecessor-version":[{"id":70645,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/70643\/revisions\/70645"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/70644"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=70643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=70643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=70643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}