FTX and Alameda Research have transferred another $22 million in cryptocurrencies, including IMX, GMT, ETH, UNI, SHIB, BAL, LOOKS, and WOO. This adds to the over $500 million shuffled following their bankruptcy declaration.
The latest $10.8 million transfer occurred across platforms like Wintermute, Binance, and oinbase">Coinbase. It included $2.58 million in GMT, $2.41 million in UNI, $2.25 million in SYN, and smaller amounts of other tokens. Earlier moves saw $10 million sent to a single wallet on October 24 and $24 million to Kraken and OKX on November 14.
The financial maneuvers began in March 2023 with $145 million in stablecoins shifted to oinbase">Coinbase, Binance, and Kraken. Even having recovered over $5 billion in assets, FTX faces $8.8 billion in liabilities. The outcome remains uncertain as FTX and Alameda liquidate assets to address debts and provide creditor relief.
