Alameda Research Dumping Polygon Amid Price Spike
Alameda Research raised concerns by transferring 2 million Polygon (POL) tokens, worth $927,000, to Binance on November 23. The transfer of significant quantities of Polygon (POL) tokens by Alameda Research during a favorable market surge has raised concerns throughout the cryptocurrency community. A few hours ago, the struggling company communicated to a centralized exchange the […]
Worldcoin Falls as Alameda Research’s Massive Dumps
Worldcoin (WLD), an AI token, is seeing heightened selling pressure as Alameda Research dumps millions to Binance. Sam Altman’s AI-crypto project, Worldcoin, has been facing significant challenges recently, particularly due to large-scale token dumps by Alameda Research. On-chain data revealed on Wednesday that the market maker has continued selling substantial amounts of the AI token, […]
FTX, Alameda-Linked Wallets Transfer $38.8M Worth of Digital Assets
Since January 2024, cryptocurrency wallets associated with the defunct FTX exchange and its subsidiary, Alameda Research, have transferred over $38.8 million of digital assets to multiple other cryptocurrency exchanges. Wallets affiliated with both organizations transferred a minimum of $7 million to exchanges in February, according to data tracking by blockchain analytics firm PeckShield. On February […]
Alameda Research Withdraws Lawsuit Against Grayscale Investments
Alameda Research has withdrawn its lawsuit against Grayscale Investments, one that sought injunctive relief against practices that diminished the value of FTX debtors’ assets. In contravention of trust agreements, Alameda Research filed suit for a court order prohibiting the imposition of management fees. As of the lawsuit’s filing, the aggregate value of those fees had […]
Alameda wallets transfer FTT tokens worth millions
On February 7, Alameda-linked wallets started to function once again, sending FTT tokens worth about $2.3 million. The Alameda wallet activity after the bankruptcy of FTX has raised a lot of questions in the crypto world about the legitimacy of law enforcement and how these wallets are being accessed. Nearly $2 million worth of FTT […]