FTX and its sister company Alameda Research, which went bankrupt in November 2022, are still in the liquidation process.
As the liquidation process continues, crypto wallets affiliated with Alameda Research received millions of dollars worth of tokens from cryptocurrency exchange OKX today.
Arkham Intelligence acquired $57 million worth of Tether (USDT) and $300,000 Mask Network (MASK) tokens from Alameda Research's OKX exchange earlier today, Coindesk reported.
Arkham Intelligence made the following statements in its post:
“Alameda Research wallets received $57.77M USDT from OKX in the past hour.”
In the past hour, Alameda Research wallets have received $57.77M in USDT from OKX.
Link to Arkham wallet address below: pic.twitter.com/9JXhH0sQnR
— Arkham (@ArkhamIntel) May 9, 2023
Alameda-linked wallets that buy tokens are controlled by FTX and the FTX Bankruptcy District, which was created to assist the creditors of the two companies following the collapse of Alameda last November.
*Not investment advice.
