The fourth installment of The Scoop’s continued coverage of FTX’s demise examines the legal underpinnings of FTX’s bankruptcy and restructuring process with attorneys Dan Besikof and Mark Shapiro.
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Alameda Research withdrew $204M ahead of bankruptcy filing - Arkham IntelligenceOf the withdrawn funds, $116 million, or 57.1%, were in stablecoins pegged to the US dollar, including USDT, USDC, BUSD, and TUSD.
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$740M in crypto assets recovered in FTX bankruptcy so farThe company tasked with locking down the assets of the failed cryptocurrency exchange FTX said they’ve managed to recover and secure $740 million in assets so far, a fraction of the potential billions of dollars likely missing from the company’s coffers.
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Alameda Withdrew $204M in Crypto From FTX US Days Before Exchange Collapsed – Featured Bitcoin NewsAlameda Research reportedly withdrew the most funds from FTX US days before the crypto exchange filed for bankruptcy. cryptocurrency SBF
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FTX Attacker Moving Funds to Bitcoin (BTC) Mixer: StatisticsFTX attacker has started laundering Bitcoins through ChipMixer: Insights by zachxbt and FatManTerra
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“Dr. Doom” Roubini Says Binance Is Same As FTX But Worse, Here’s WhyVocal crypto hater Roubini comments on the recent allegations against Binance that liken it to FTX
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