Alameda Research Receives $57M From Crypto Exchange OKX
Alameda Research-controlled wallets hold over $240 million worth of cryptocurrencies.
Crypto wallets tied to Alameda Research, the trading unit tied to bankrupt crypto exchange FTX, today received millions of dollars worth of tokens from crypto exchange OKX.
Data from the on-chain analytics tool Arkham Intelligence show Alameda received just over $57 million of tether , and $300,000 in mask (MASK) tokens from OKX earlier Tuesday.
In the past hour, Alameda Research wallets have received $57.77M in USDT from OKX.
— Arkham (@ArkhamIntel) May 9, 2023
Link to Arkham wallet address below: pic.twitter.com/9JXhH0sQnR
The receiving wallets are wholly controlled by the FTX Bankruptcy Estate, created in the wake of FTX and Alameda’s collapse last year to help creditors of the two companies.
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Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters:
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
