Very nicely in detail explanation of all the FTX and Alameda Drama. Bad thing is even after the SBF arrest the FTX-Alameda drama continues to unfold. The recent transfer of assets from FTX has raised concerns among the community. Coinciding with SBF’s bailout were continued transfers of funds from Alameda accounts, as millions of dollars worth of cryptocurrency were stolen from FTX’s wallets on the same day that the exchange filed for bankruptcy.
Additionally, on November 6, 2022, all 20,176.84 BTC in FTX’s Bitcoin holdings, worth $334 million at the time, were stolen in less than 24 hours. If all these drama continues, crypto bears haunt the rally the altcoin would settle down with a minimum ftx crypto price for 2023 to $2.35 according to coinpedia.
Very nicely in detail explanation of all the FTX and Alameda Drama. Bad thing is even after the SBF arrest the FTX-Alameda drama continues to unfold. The recent transfer of assets from FTX has raised concerns among the community. Coinciding with SBF’s bailout were continued transfers of funds from Alameda accounts, as millions of dollars worth of cryptocurrency were stolen from FTX’s wallets on the same day that the exchange filed for bankruptcy.
Additionally, on November 6, 2022, all 20,176.84 BTC in FTX’s Bitcoin holdings, worth $334 million at the time, were stolen in less than 24 hours. If all these drama continues, crypto bears haunt the rally the altcoin would settle down with a minimum ftx crypto price for 2023 to $2.35 according to coinpedia.