FTX Debtors’ List of Assets Omits Mention of Large Stash of NFTs and ENS Names Owned by Alameda 

This week, FTX debtors issued a property merchandise and a 20-page papers noting that bankruptcy administrators had located $5.5 cardinal successful liquid assets. The papers details that investigators discovered fiat currencies, crypto assets, and securities arsenic portion of FTX’s and Alameda Research’s cache. However, the disclosure to unsecured creditors does not notation the highly ample stash of non-fungible tokens the institution had accrued implicit the years.

FTX and Alameda’s Liquidated Assets Include Thousands of NFTs and ENS Names

FTX’s interior ellipse and the quantitative trading institution Alameda Research were heavy progressive successful the non-fungible token (NFT) hype that began successful 2021. In fact, aft FTX and Alameda filed for bankruptcy protection, our quality table parsed done a ample fig of Alameda/FTX-associated wallets and discovered thousands of NFTs and Ethereum Name Service (ENS) names.

The discoveries were derived from wallets labeled by Block researcher Larry Cermak and parsed information from the crypto monitoring exertion Arkham Intelligence and dappradar.com‘s portfolio viewer. For example, the Alameda-linked code “0x116” holds astir $100,000 successful crypto tokens, but it besides holds 107 ENS names. It’s imaginable that Alameda thought it could flip ENS names successful the future, arsenic the steadfast obtained a large fig of communal names.

Alameda Research-linked ENS names.

Alameda and present the liquidators ain ENS names specified arsenic “tickets.eth,” “payment.eth,” “network.eth,” “dungeon.eth,” “packager.eth,” “nootropic.eth,” “breakfast.eth,” and galore more. Most are not worthy precise much, but immoderate of the circumstantial ENS names similar “payment.eth” and “network.eth,” person sold for adjacent to $9,000 per name. Alameda’s ENS sanction postulation is not mentioned successful the 20-page presumption shown to FTX’s unsecured creditors.

Last twelvemonth successful January, determination were a batch of controversies erstwhile a fewer mirrored non-fungible token (NFT) collections appeared connected the scene, copying the artwork of Cryptopunks and Bored Ape Yacht Club (BAYC) NFTs. Interestingly, Alameda’s ETH code “0x0f4” holds a monolithic quantity of unofficial “flipped” Cryptopunks and “mirrored” BAYC NFTs.

Alameda Research owns a twelve Meebits, 2 MAYCs, and a bully fistful of blue-chip NFTs.

The “0x0f4” code holds 2,447 NFTs successful the wallet from 629 antithetic NFT collections. Alameda’s “0x0f4” collected NFTs from compilations specified arsenic Time Frog, Party-Animals, Metawarden, Shrouded Playground, and galore much from dozens of comparatively chartless NFT collections.

Alameda collected blue-chip non-fungible tokens (NFTs) arsenic well, and records amusement the steadfast obtained 11 morganatic Cryptopunks, which are collectively worthy an estimated $784,000. The trading level purchased 7 antithetic Art Blocks Curated, which person an estimated worth of astir $1.47 cardinal connected Jan. 20, 2023.

Blue-chip NFTs worthy important worth and owned by Alameda Research, according to 21shares information hosted connected Dune Analytics.

Alameda and present the liquidators ain 81 onshore NFTs from The Sandbox, which are collectively worthy an estimated $155,000. Alameda obtained 2 Otherdeeds arsenic well, which are present worthy astir $25,000, and 12 antithetic Meebits, which are valued astatine an estimated $88,000 today. A large woody of blue-chip NFTs tin beryllium recovered successful the ETH code “0xca4.”

That circumstantial wallet holds immoderate of Alameda’s astir invaluable NFTs, including the Otherdeed onshore titles and 2 Mutant Ape Yacht Club (MAYC) NFTs worthy astir $50,000 successful combined value. Larry Cermak’s Alameda code database highlights astir 29 antithetic Ethereum addresses. Furthermore, Arkham Intelligence information indicates that determination are 68 addresses tied to the quantitative trading level Alameda Research.

Out of the ample swath of Alameda addresses, a decent fistful of the wallets ain NFTs. Most of these wallets are assumed to beryllium controlled by the FTX bankruptcy team and liquidators. Just successful tokens alone, Alameda’s 68 tethered Ethereum-based wallets bespeak a nett worth of astir $189.12 million.

What bash you deliberation astir Alameda’s engagement successful the NFT and ENS sanction markets? Let america cognize what you deliberation astir this taxable successful the comments conception below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Editorial credit: Arkham Intelligence visualization, Dune Analytics, dappradar.com,

Disclaimer: This nonfiction is for informational purposes only. It is not a nonstop connection oregon solicitation of an connection to bargain oregon sell, oregon a proposal oregon endorsement of immoderate products, services, oregon companies. Bitcoin.com does not supply investment, tax, legal, oregon accounting advice. Neither the institution nor the writer is responsible, straight oregon indirectly, for immoderate harm oregon nonaccomplishment caused oregon alleged to beryllium caused by oregon successful transportation with the usage of oregon reliance connected immoderate content, goods oregon services mentioned successful this article.