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Worth $75.32 million: FTX / Alameda Research asset liquidation team transferred 27,372 ETH to Wintermute
According to monitoring by on-chain analyst Yu Jin, the FTX / Alameda Research asset liquidation team transferred 27,372 ETH worth $75.32 million to Wintermute through 6 wallets 3 hours ago, suspected to have entrusted Wintermute with selling. The relevant address is 0xCe84...f228.
Alameda Research transferred $9.47 million worth of SOL to Coinbase Prime, still holds approximately $270 million in SOL on-chain
Odaily News: According to Arkham monitoring, Alameda Research transferred approximately $9.47 million worth of SOL to Coinbase Prime last night, the latest in its asset distribution that has continued for over two years. Currently, Alameda Research still holds approximately $270.15 million worth of SOL on-chain.
US Government Transfers Seized Bitcoin from Alameda Research, Remaining Holdings Disposal Plan Not Yet Disclosed
Odaily News: The US government transferred a small amount of Bitcoin this week, which was seized three years ago from Alameda Research's Binance US account. The US government has not yet disclosed the purpose of this transfer or its plan for disposing of the remaining Bitcoin assets.
Both were banned from trading for 5 years; CFTC officially closes enforcement cases against two FTX co-founders
Odaily News, the U.S. Commodity Futures Trading Commission (CFTC) disclosed that the U.S. District Court for the Southern District of New York has issued supplemental consent orders to Caroline Ellison, former CEO of Alameda Research, and Gary Wang, co-founder of Alameda and FTX, formally resolving enforcement cases against the two. Both are required to continue cooperating with the CFTC's investigation. Ellison was handed a 5-year trading ban and a 10-year registration ban, while Wang received a 5-year trading ban and an 8-year registration ban. The ban periods begin from the effective date of the initial consent orders signed on December 23, 2022.The CFTC is currently not seeking additional disgorgement, restitution of ill-gotten gains, or civil monetary penalties from the two. The CFTC's Enforcement Division stated that both individuals provided substantial assistance during the investigation and related litigation, including pleading guilty in federal criminal cases and assisting with investigations into FTX-related matters. In 2022, the court found Ellison liable for two counts of fraud alleged by the CFTC, and Wang liable for one fraud charge, permanently prohibiting both from violating the Commodity Exchange Act and CFTC-related anti-fraud regulations. Both have admitted to multiple offenses in related criminal cases, including conspiracy to commit commodity fraud, and jointly bear responsibility for a forfeiture order of approximately $11.02 billion.
U.S. CFTC Imposes Trading Bans on FTX Co-Founder Gary Wang and Former Alameda CEO Caroline Ellison
Odaily News – The U.S. Commodity Futures Trading Commission (CFTC) announced that the U.S. District Court for the Southern District of New York has entered supplemental consent orders against Caroline Ellison, former CEO of Alameda Research, and Gary Wang, co-founder of FTX.Under the court orders, Ellison and Wang are required to continue cooperating with the CFTC's investigation, while also facing trading and registration restrictions. Specifically, Ellison received a 5-year trading ban and a 10-year registration ban; Wang received a 5-year trading ban and an 8-year registration ban. The relevant restriction periods begin from the date of the initial consent order, which was signed on December 23, 2022.Previously, on December 23, 2022, the court found Ellison liable for two counts of fraud alleged by the CFTC, and found Wang liable for one count of fraud. Their initial consent orders permanently prohibited them from violating the Commodity Exchange Act and the CFTC's related anti-fraud regulations.The head of the CFTC's Division of Enforcement, David I. Miller, stated that this ruling reflects the regulator's emphasis on "effective cooperation." Although Ellison and Wang, as executives of Alameda and FTX, were involved in the relevant fraudulent conduct and were held liable, the regulator granted leniency in light of their significant assistance in the FTX-related investigations.The CFTC stated that it will not currently require Ellison and Wang to pay restitution, disgorgement, or civil monetary penalties, primarily considering the extent of their cooperation in the investigations and related criminal cases, as well as the $11.02 billion asset forfeiture order involved in the U.S. criminal case. Both individuals have previously pleaded guilty in their criminal cases, including admitting to conspiracy to commit commodities fraud and multiple other charges.
FTX-related Netflix series "The Altruists" to premiere on November 19
Odaily News: Netflix has announced that "The Altruists," a series inspired by the rise and fall of FTX founder SBF and former Alameda Research CEO Caroline Ellison, will premiere on November 19, with the first stills released.The series consists of 8 episodes, with Anthony Boyle portraying SBF and Julia Garner playing Caroline Ellison. The plot follows two young idealists who attempt to rapidly reshape the global financial system, only to be accused of stealing $8 billion and ultimately fall from the pinnacle of financial power.The series is created by Graham Moore, inspired by articles from New York Magazine journalists Kevin T. Dugan and Jen Wieczner. Barack Obama and Michelle Obama serve as executive producers of the series. (Variety.com)
Worth $15.2 million, Alameda Research/FTX bankruptcy wallet transfers 201,800 SOL to BitGo, funds being used for over-the-counter sale
Odaily News According to Onchain Lens monitoring, the Alameda Research/FTX bankruptcy wallet transferred 201,780 SOL (approximately $15.2 million) to multiple BitGo custody wallets 10 hours after unstaking 201,740 SOL. The related funds are being redirected for over-the-counter sales. Meanwhile, FTX founder Sam Bankman-Fried remains incarcerated, serving a 25-year prison sentence.
SOL staking value grew from $352,000 to $15.27 million; Alameda Research bankruptcy wallet unstakes 201,740 SOL after 5 years of staking
Odaily News: According to Onchain Lens monitoring, Alameda Research's bankruptcy wallet has unstaked 201,740 SOL worth approximately $15.27 million after 5 years of staking. The position originally held 164,380 SOL and accrued approximately 37,360 SOL in staking rewards, currently valued at around $2.83 million. The staked asset value has grown from approximately $352,000 at the time to roughly $15.27 million today.
Odaily Morning News
1. Anthropic may launch IPO as early as October, with investment banks already arranging preliminary communications with investors;2. Base co-founder: The bet on on-chain social is wrong, Base applications will be returned to Coinbase and taken over by Cobie;3. DTCC will tokenize Microsoft, SPY, QQQ, and U.S. Treasury bonds for Wall Street firms;4. Trump will meet with some lawmakers regarding the ethical clauses of the CLARITY Act;5. U.S. June PPI annual rate at 5.5%, compared to the expected 6.2%;6. The U.S. government emptied the wallets holding assets seized from Alameda Research and FTX, transferring out approximately $9.5656 million in assets;7. SpaceXAI announces open-sourcing of Grok Build;8. As the stock price continues to decline, SpaceX short sellers have booked $3.88 billion in paper profits;9. Musk: X will fully open-source its codebase after completing a security vulnerability review;10. Jiang Zhuoer has cleared his ETH spot position, estimating a rebound ceiling of around $2,000.
US government emptied a wallet containing crypto assets seized from Alameda Research and FTX, transferring out approximately $9.5656 million in assets
According to Onchain Lens monitoring, the U.S. government address (0x9ac...cb0) has emptied another wallet holding crypto assets seized from Alameda Research and FTX, transferring 4,820 ETH to Coinbase Prime, valued at $9.28 million; and transferring 54.89 billion SHIB, 631,740 POWR, and 1.06 million AERGO to three new wallets, valued at $235,600, $27,900, and $22,100 respectively. The wallet currently holds assets worth $0.
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