Central issues: Alameda Exploration looks for help from GBTC investors in a claim against Grayscale and DCG. Share redemption prevention and excessive fees are the subject of the lawsuit. Grayscale faces legitimate strain in the midst of more extensive GBTC rebate. Alameda Research, a bankruptcy-prone cryptocurrency investment firm, is asking shareholders who own at least…
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Key Points: Over the course of seven days, OKX sends bankrupt Alameda Research $8.3 million in crypto assets in multiple transactions. Alameda transfers funds to Coinbase, sending USDT worth $10 million in 24 hours and depositing $31.2 million to the U.S.-based exchange in the past week, with the top transfers totaling $4.8 million. OKX has…
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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…
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