Crypto Exchange Bitfinex Transfers $8.5M to Alameda Consolidation Address

Crypto Exchange Bitfinex Transfers .5M to Alameda Consolidation Address


Blockchain security firm PeckShield has disclosed a series of transfers from three addresses, including one from crypto exchange Bitfinex to Alameda Research’s consolidation wallet.

  • According to Etherscan, the address labeled “Alameda Consolidation” received $13 million worth of crypto assets from three different wallets.
  • The first belongs to the leading crypto exchange Bitfinex. It transferred approximately 6 million USDT and 1,545 ether (ETH), amounting to roughly $8.5 million.
  • The other unidentified ones transferred about $6 million worth of USDC to the Alameda Consolidation address.
  • Although it is unclear why Bitfinex transferred the funds to Alameda, the transactions have raised questions about the connections between the two firms.
  • Meanwhile, Alameda has been trying to recoup funds since its parent company FTX filed for bankruptcy in November 2022. Last week, the trading company sued Voyager Digital to recover the $446 million it repaid to the bankrupt crypto lender.
  • Despite the attempts to gather funds, a recent report revealed that Alameda’s liquidators incurred losses amounting to $11.5 million in the first two weeks of January.

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