Sam Bankman-Fried denies moving Alameda funds in latest tweet

1 year ago

Sam Bankman-Fried, laminitis and erstwhile CEO of FTX, returned to Twitter connected Dec. 30 aft weeks of inactivity coinciding with his arrest.

Bankman-Fried commented connected a caller lawsuit that saw Alameda-related cryptocurrency addresses move astatine slightest $1.7 million of assets. Those funds were transferred to crypto mixers successful respective batches connected Dec. 28.

Bankman-Fried denied that helium played immoderate relation successful this movement, writing:

 None of these are me. I’m not and couldn’t beryllium moving immoderate of those funds; I don’t person entree to them anymore.

However, helium added that it is apt that “various legit legs of FTX” tin entree those funds and said that helium hopes that those entities were down the question of funds. He besides said that helium is “happy to assistance counsel regulators” to analyse the matter.

Bankman-Fried’s tendency to cooperate with authorities is undoubtedly owed to the harsh transgression charges helium faces. As a result, Bankman-Fried could perchance effort to put a plea woody akin to those obtained by his associates, Caroline Ellison and Gary Wang. However, 1 erstwhile national authoritative has suggested that Bankman-Fried is unlikely to beryllium fixed a favorable deal owed to his pb relation successful FTX’s alleged fraud.

Bankman-Fried’s adjacent proceeding is acceptable for Jan. 3. Incidentally, the Wall Street Journal suggested contiguous that, based connected its sources, Bankman-Fried volition plead not guilty.

Bankman-Fried has been different soundless for the past 3 weeks. He did not tweet successful the 2 days pursuing his apprehension connected Dec. 12 and was absent from Twitter successful the pursuing weeks. After FTX’s illness successful November, Bankman-Fried often defied lawyers by making nationalist statements and issuing apologies.

The station Sam Bankman-Fried denies moving Alameda funds successful latest tweet appeared archetypal connected CryptoSlate.

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