Last Updated on January 1, 2023 by Bitfinsider
Following a series of strange transfers and token exchanges this week from wallets associated to Alameda Research, the trading business that went bankrupt with sister company FTX in November, founder Sam Bankman-Fried rushed to Twitter to deny any involvement in the transactions.
“None of them are me,” Bankman-Fried tweeted today, referring to a news story on the Alameda-related transfers. “I’m not and cannot move any of those monies; I no longer have access to them.”
Bankman-Fried’s denial was his first Twitter since being detained in the Bahamas on December 12. Last Monday, he was extradited to the United States to face eight counts of fraud brought by US authorities. He was freed to fly to Palo Alto to reside with his parents after his family put up the needed collateral against his $250 million “appearance bond”.
More than $1.7 million in cryptocurrencies kept in Alameda Research wallets was traded and transferred this week using exchanges and coin mixers. Coin mixers are designed to conceal the flow of cryptocurrency funds between wallets, implying that the monies are unlikely to be moved by liquidators as part of the bankruptcy processes surrounding FTX and Alameda.
As of Friday, the cash were still moving, according to a pseudonymous on-chain detective. Bitcoin, according to ZachXBT, has been transferred into Wasabi, a Bitcoin-centric wallet that may mix transactions together in an attempt to conceal their origins.
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