Alameda Potentially Washing Users' Funds, Transaction Data Suggests

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Alameda Potentially Washing Users' Funds, Transaction Data Suggests
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Alameda liquidates some of their $ETH holdings, but in an extremely suspicious way

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.The thing most analysts feared but believed would happen is here.

Alameda is washing the funds of FTX users. The reason behind it is unclear, but considering the likely charges against former Alameda and FTX management, someone who has access toThe first report about the movement of funds from Alameda-related wallets occurred in less than 24 hours. At first it seemed like ETH addresses were looking for"spare change" that could be used as liquidity for future settlements with FTX users.

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