The founder of the collapsed cryptocurrency exchange FTX, Sam Bankman-Fried (SBF), has denied involvement in the transfer of assets from wallets associated with Alameda Research.
I believe it is likely the case that various legit legs of FTX have the ability to access these funds; hopefully that’s what’s happening here. If not, hopefully one step in soon to do so. I would be happy to help advise the regulators on this if any wanted.
— SBF (@SBF_FTX) December 30, 2022
“It’s not me. I have not transferred these funds and cannot do so. I no longer have access to them,” wrote the SBF in the first tweet since the arrest in the Bahamas on December 13th.
He admitted that FTX representatives could access these funds. The founder of the exchange also expressed his willingness to help regulators investigate the incident.
On December 28, on-chain researchers recorded activity on Alameda Research wallets. The addresses associated with it converted ERC-20 tokens into ETH and USDT, and then into bitcoin (in the amount of ~$800,000), according to ZachXBT data.
Users suggested that the liquidators could convert the assets, but the researcher noted that the operations involve platforms that are often used by hackers.
Update: First BTC that was received from the Alameda wallets was just deposited into Wasabi
127dc66668daebbad9ce0ee6d0c27bd4dd06c703c2ca2329914b4fb1fcbcca92 https://t.co/dNYp8AWUBD pic.twitter.com/lAqC3hVpgu
— ZachXBT (@zachxbt) December 29, 2022
Reuters previously wrote that SBF pleaded guilty to charges of defrauding investors and stealing client funds. At the same time, WSJ sources expelled such an opportunity.
DeFi analyst under the pseudonym BowTiedIguana accused Bankman-Fried of withdrawing $684,000 of cryptocurrency and violating bail conditions in the amount of $250 million.
Recall that in December, the former head of Alameda Research Caroline Ellison and FTX co-founder Gary Wang pleaded guilty to charges related to the collapse of the exchange and agreed to cooperate with the investigation. They also talked about deliberate deception.
By the end of the year, Bloomberg sources announced the opening of a criminal investigation into the withdrawal of funds from FTX from the US Department of Justice.
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