Onchain Data Reveals Alameda Acquired Specific Tokens a Month Before FTX Listings

According to a study stemming from the blockchain analytics steadfast Argus, Sam Bankman-Fried’s trading steadfast Alameda Research obtained tokens up of FTX.com listings. The study claims that Alameda acquired astir $60 cardinal worthy of tokens earlier the integer assets were scheduled to beryllium listed connected FTX.

Blockchain Analytics Firm Says Alameda Had an Insider’s Edge a Month Prior to FTX Listings

Wall Street Journal (WSJ) contributor Caitlin Ostroff detailed connected Nov. 14, 2022, that investigation from the blockchain analytics steadfast Argus indicates the now-bankrupt Alameda Research had amassed a ample stash of tokens anterior to circumstantial FTX listings. Ostroff’s study notes that betwixt March 2021 done March 2022, Alameda acquired $60 cardinal of these types of crypto tokens stemming from 18 antithetic FTX listings that followed.

“What we spot is they’ve fundamentally astir ever successful the period starring up to it bought into a presumption that they antecedently didn’t. It’s rather wide there’s thing successful the marketplace telling them they should beryllium buying things they antecedently hadn’t,” Omar Amjad, co-founder of Argus, told the WSJ.

The study further notes that the erstwhile FTX CEO Sam Bankman-Fried (SBF) emailed the WSJ backmost successful February and said that Alameda had entree to the aforesaid benignant of accusation astir crypto marketplace makers held. Ostroff further explained that SBF told the quality work that “[Alameda] traders didn’t person peculiar entree to lawsuit information, marketplace data, oregon trading.”

The quality follows FTX filing for bankruptcy connected Nov. 11, 2022, and the filing revealing that FTX International, FTX US, Alameda Research, and 131 different entities were included successful the Chapter 11 bankruptcy filing. Sources told Reuters that SBF discreetly transferred astir $10 cardinal successful funds to Alameda. Two radical acquainted with the substance further explained that astatine slightest $1 cardinal and perchance up to $2 cardinal successful lawsuit funds has gone missing.

While substance messaging Reuters directly, SBF told reporters that helium “disagreed with the characterization” of the alleged $10 cardinal determination of funds to Alameda. “We didn’t secretly transfer,” SBF insisted successful his substance message. “We had confusing interior labeling and misread it,” the erstwhile FTX CEO added. Less than 24 hours aft the FTX bankruptcy filing connected Nov. 11, the speech wallets were hacked and $477 cardinal successful crypto assets was reportedly stolen.

Want to work up connected each the FTX reports Bitcoin.com News has covered truthful far? Check retired the database below.

• Crypto Exchange Binance Dumping All FTX Tokens connected Its Books — CEO Cites ‘Recent Revelations’
• FTX Binance Fallout: Bitdao Community Asks Alameda Research to Respond to Token Dump Allegations
• CZ Says Binance Intends to ‘Fully Acquire FTX,’ Sam Bankman-Fried Confirms Transaction
• Report: FTX CEO Told Staff Crypto Exchange ‘Effectively Paused’ Withdrawals
• Binance CEO Explains Situation With FTX — Says ‘We Did Not Master Plan This’
• Binance Backs retired of FTX Deal Citing ‘Due Diligence,’ Reports of ‘Mishandled Customer Funds’
• Amid the FTX Confusion, Whistleblower Edward Snowden Says ‘Custodial Exchanges Were a Mistake’
• Galaxy Digital Reveals Update connected Ties to FTX, Partnership Has ‘Exposure of Approximately $76.8 Million’
• Report: Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTX
• From a $32 Billion Valuation to Financial Troubles: An In-Depth Look astatine the Rise and Fall of FTX
• Shaky USDT Price Stirs Speculation Tied to Alameda Reserves, Tether Freezes 46 Million Tokens
• FTX CEO Updates Crypto Community, Sunsets Alameda Trading, Addresses a Specific ‘Sparring Partner’
• Reports Claim Beleaguered Crypto Exchange FTX Seeks Over $9 Billion From Investors
• Major VC Firm Sequoia Capital Marks FTX Investment to $0 — Says ‘Liquidity Crunch Has Created Solvency Risk for FTX’
• SEC, DOJ Investigate FTX — Regulators Suspect Crypto Exchange Mishandles Customer Funds
• TRX’s USD Exchange Rate Jumps 270% Higher connected FTX After Exchange Brokers Deal With Tron
• Blockfi Pauses Customers Withdrawals, Cites ‘Lack of Clarity’ connected FTX’s Status arsenic Cause
• Bahamas Regulator Freezes FTX Assets — Supreme Court Appoints Provisional Liquidator
• California Regulator Reveals Investigation Into FTX’s Failure, Says ‘Crypto Assets Are High-Risk Investments’
• Troubled Crypto Exchange FTX Files for Chapter 11 Bankruptcy Protection, CEO Steps Down
• Philanthropic FTX Foundation Sunsets Operations Amid Bankrupt Exchange’s Fallout
• Onchain Data Shows FTX US Paused ETH Withdrawals for 2 Hours, Users Complain of Withdrawal Errors
• SEC Chair Gensler Discusses Crypto Regulation Following FTX Collapse — Says This Field Is ‘Significantly Non-Compliant’
• White House, US Senators Call for Proper Crypto Oversight
• Japanese Regulator Slaps FTX Japan With Business Suspension Order
• FTX Reportedly Hacked arsenic Telegram Group Admin Comments connected Possible ‘Malware’ Present successful Apps, Irregular Fund Movements Registered Onchain
• Report Says Alameda Research ‘Didn’t Trade Crypto,’ Speculators Think SBF’s Political Connections Let FTX Fly Under the Radar
• Flight Radar Report Shows FTX Co-Founder’s Private Jet Flew to Argentina, SBF Says He’s Still successful the Bahamas
• Hedge Fund Galois Capital Discloses ‘Roughly Half’ of the Firm’s Capital ‘Stuck connected FTX’
• FTX CEO Confirms Reports of ‘Unauthorized Access to Certain Assets,’ Team Is ‘Coordinating With Law Enforcement’
• Former US Treasury Secretary Larry Summers Compares FTX Collapse to Enron Fraud
• From Mercedes F1 to Miami Heat, Sports Teams Suspend FTX Sponsorships
• FTX Collapse: Africa-Focused Payments Firm AZA Finance Slams ‘Erroneous Inclusion’ successful FTX Bankruptcy Filing
• FTX Contract Deployer Unlocks 192 Million FTT, Exchange Token’s Questionable Tokenomics Highlights Red Flags
• Royal Bahamas Police Force Reveals FTX Is Being Investigated for ‘Criminal Misconduct’
• Kraken CEO Discusses Impact of FTX Failure — Says Damage to Crypto Industry Is Huge, Will Take Years to Undo
• Conflicting Reports Emerge About SEC Helping Bankrupt Crypto Exchange FTX With Legal Loopholes
• Effective Altruism: Former FTX CEO’s Alleged $40M Penthouse Listed for Sale, Report Says Firm Spent $74M connected Real Estate
• US Law Enforcement Directs Paxos to Freeze More Than 11,000 PAXG Tokenized Gold Coins
• Ikigai Exec Says ‘Large Majority’ of Crypto Asset Management Firm’s Funds Stuck connected FTX
• Kevin O’Leary: FTX Collapse Is a Turning Point for the Industry — ‘Crypto Bottom Is In’

What bash you deliberation astir the study that says Alameda Research acquired tokens anterior to FTX listings? Let america cognize your thoughts astir this taxable successful the comments conception below.

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