Alameda Research Receives $13M Through Mysterious Transactions

Bankrupt crypto hedge fund Alameda Research has mysteriously received around $13 million worth of crypto assets from the cryptocurrency exchange platform Bitfinex and several other sources. While the company received $6 million in Tether, it received $2.5 million in Ether from Bitfinex’s hot wallet apart from approximately $4.6 million worth of USDC from an unknown source. Alameda Receives Funds From Bitfinex & Other Sources as Part of Recovery Funds The transfer of crypto assets to Alameda Research’s wallet is reportedly part of the recovery funds related to the bankruptcy proceedings the hedge fund is currently undergoing. Bitfinex’s spokesperson explained that The post Alameda Research Receives $13M Through Mysterious Transactions appeared first on Cryptoknowmics-Crypto News and Media Platform .