US Authorities to Probe Suspicious Alameda, SBF Wallet Transfers: Report



Although the disgraced founder of both FTX and Alameda Research is currently on bail under strict rules, there were multiple suspicious transfers of crypto assets from wallets linked to him or his former empire.

Despite refuting any connections, Bloomberg reported that the US authorities plan to investigate the matter.

  • Crypto Potato reported at the end of last week when several Alameda wallets (marked as such on Etherscan) started moving ERC-20 tokens and bridging them to BTC. Some of the assets included YFI, AAVE, and WETH.
  • Bankman-Fried, currently released on a $250 million bond and living in his parents’ house, broke his three-week Twitter silence, claiming he had nothing to do with these transfers.
  • He said he doesn’t have access to these accounts before adding:

“I believe it is likely the case that various legit legs of FTX have the ability to access these funds; hopefully that’s what’s happening here. If not, hopefully one step in soon to do so. I would be happy to help advise the regulators on this if any wanted.”

  • According to Bloomberg, these suspicious price movements have attracted the attention of US federal prosecutors, and they are planning to open an investigation.
  • Just a few days after the aforementioned transfers, more allegations emerged claiming that SBF made new ones, in which he ultimately cashed out almost $700,000 worth of crypto. Recall that he said he only had left $100,000 in his bank account following the bankruptcy filing, and the court order strictly forbids him to operate with such substantial amounts.
  • However, the Bloomberg report seems to be focusing just on the Alameda-linked transfers, and SBF has not commented on the other ones yet.
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