Report post

Why did Alameda receive 174m FTT?

Alameda received 174m FTT ($4.1b) from theFTT ICO Contract and sent it to the FTX Deployer. This could either have been related to the “FTX loan in May / June” or FTX having to claim FTT tokens through Alameda’s wallet due to the inter-linked relationship between FTX and Alameda.

What happened between FTX and Alameda?

Prior to the publication of CoinDesk’s report, we observed a number ofunusual transactions between FTX and Alameda during Sep 28 and Nov 1. These included a $4.1b transfer of FTT tokens from Alameda to FTX and several continuous transfers of stablecoins amounting to a total of $388m USD into Alameda's wallets from different sources.

How does FTX transfer FTT tokens to Alameda research 0x84d?

Tracing their previous transactions, FTX often sends FTT tokens to Fund:0xf155 which is then sent to Alameda Research: 0x84d and is transferred to another Alameda Wallet, perhaps to obfuscate their traces or for other unknown purposes. The FTT ends up back in FTX.

The World's Leading Crypto Trading Platform

Get my welcome gifts