Alameda’s cryptocurrency wallet gets a whopping $60 million from OKX
Key Points:
- In 16 transactions, OKX transfers $60 million to the bankrupt Alameda Research wallet.
- The crypto assets held by Alameda Research are $285.86 million in the wallet.
- While FTX’s relaunch is the subject of speculation, creditors are attempting to recover assets.
According to data from Arkham Intelligence, OKX sent over $60 million worth of crypto assets to the wallet of bankrupt Alameda Research in the last five hours.
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In addition, an unidentified wallet has sent the Alameda wallet over 5 billion GPEPE meme coins and over 1 million Stargate tokens (STG) in the past seven days. This is very intriguing thinking about that Alameda’s biggest crypto holding was $61.40 million USDT, with other top property being 100 million BitDAO tokens worth $48.61 million, 19,292 Ethereum (ETH) worth $26.5 million, $12.35 million USDC, 28.9 million Stargate tokens worth $18.43 million, and 16.39 million Polygon tokens worth $14.63 million. Other altcoins held by the company include Serum (SRM), FTX Token (FTT), and Lido (LDO). The total value of its crypto assets is $285.86 million.
It’s significant that FTX loan bosses have proceeded with endeavors to recuperate the trade’s resources. The bankrupt company has attempted to recover $3.9 billion from Genesis and has participated in the sale of several of the company’s assets.
The possibility of FTX resuming operations has been the subject of increased speculation. Plans to restart FTX’s Japanese subsidiary were confirmed in a recent court filing.
