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CoinTurk News 2023-10-26 12:15:29

Management of Bankrupt Crypto Exchange FTX Transfers Altcoins Worth Millions

Management of Bankrupt Crypto Exchange FTX Transfers Altcoins Worth Millions

According to current on-chain data, the new management controlling wallets directly linked to the cold wallet addresses of the bankrupt cryptocurrency exchange FTX transferred various cryptocurrencies, including Solana (SOL), to various crypto exchanges and wallet addresses, primarily Binance, in the early hours of today. $19 Million Transfer to Binance, Coinbase, and Various Wallet Addresses Blockchain security firm PeckShield reported the transfer of approximately 470,000 SOL, valued at around $15 million at current prices, to different wallet addresses. The company indicated, referencing centralized cryptocurrency exchanges (CEXs), “A portion of the SOLs was sent to CEXs like Binance.” From an Ethereum-based FTX-linked wallet address, various tokens worth $2.5 million, including 11,000 Compound (COMP), were transferred to the cryptocurrency exchange Binance. The post Management of Bankrupt Crypto Exchange FTX Transfers Altcoins Worth Millions appeared first on COINTURK NEWS.

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