The FTX Controversy Continues: Alameda Dumps $1.7M Crypto Assets For Bitcoin

On December 28, a significant amount of tokens owned by SBF’s trading business Alameda Research were sold on the open market. Cryptocurrency research company Arkham Intelligence reported that approximately $1.7 million worth of Ether, USDC, DAI, and CRV tokens were traded over several hours from wallets connected to Alameda.