FTX addresses transferred $8.3M one day before amended proposal deadline
The transfer occurred a day before FTX debtors were set to release a new restructuring plan for the exchange.
Two wallets associated with the now-bankrupt FTX exchange and sister trading firm Alameda Research transferred a total of $8.3 million worth of cryptocurrency.
The FTX-associated address transferred 860 Tether Gold (XAUT) worth over $2 million to algorithmic trading firm Wintermute, while an Alameda-related wallet transferred a total of 2,027 Ether (ETH) worth over $6.3 million, to two unknown addresses, according to a May 6 X post by PeckShield.
While the reason behind the transactions is unknown, they come a day ahead of FTX debtors’ deadline to file an amended version of the “Plan and Disclosure Statement,” slated for May 7.
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