.renprotocol said FTX_official has directed the protocol to transfer all assets to debtor wallets for safeguarding “in advance of possible shutdowns of infrastructure and systems.” By shauryamalwa.
Don't miss "FTX: What Happened" with the former president of FTX's U.S. arm and Anthony Scaramucci.All of Ren Protocol’s assets and shares will be transferred to cold wallets controlled by beleaguered crypto company FTX Trading., Ren tweeted on Wednesday.
These assets will be held on separate, segregated cryptocurrency wallets different than those used for other debtors, Ren claimed. The protocol was acquired by Alameda Research, the trading company controlled by alleged fraudster Sam Bankman-Fried, in February 2022 – which marked the beginning of the end for Ren.
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