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Sam Bankman-Fried denies moving money from Alameda wallets




Sam Bankman-Fried, the former CEO of the now-defunct FTX exchange, has denied moving funds linked to Alameda wallets, days after he was released on $250 million in bonds.

On December 30, Fred tweeted to his 1.1 million followers, denying any involvement in the movement of money from the Alameda governor. In response to allegations that he may have been responsible for moving money from the Alameda governor, he said, “None of those are me. I’m not and I can’t move any of that money; I don’t have access to them anymore.”

SBF’s tweet was in response to A news story Posted by Cointelegraph, which reported that a wallet address starting with 0x64e9 has received more than 600 ETH from wallets affiliated with Alameda. According to the on-chain transaction records, part of the funds were swapped into USDT while the other part of the transaction was sent to the mixing service.

The movement of funds and the manner in which it was moved has raised suspicions within the crypto community that it may have been an inside job. Some suspect that the SBF may have been behind it. Alameda Wallet was found to exchange portions of ERC-20s for Ether and USDT, which were then converted through exchanges and spot mixers.

Related: Founder of FTX reportedly cashed out $684k after being released on bail

According to an on-chain investigation by DeFi mentor BowTiedIguana, SBF has He reportedly spent $684,000 in cross encryption. Exchanged in the Seychelles, while under house arrest.

On December 29, BowTiedIguana reported a series of wallet transactions allegedly linked to SBF. Transaction records appear to indicate that the former CEO of FTX may have violated the terms of the issuance of Don’t spend more than $1,000 without permission from the court.