The Lookonchain service reported that funds from three wallets associated with bankrupt companies were distributed among various sites. Tether stablecoins have been transferred to the Coinbase, Binance and Kraken exchanges. All USD Coins have been sent to the custodial wallet of the Coinbase exchange. It is not yet known for what purpose the assets were moved.
FTX and Alameda continue to recover assets. In January, FTX lawyer Andy Dietderich revealed that companies have regained access to $5 billion in fiat currencies and other liquid assets. However, the companies’ total liabilities exceed $8.8 billion.
Earlier it was reported that FTX is going to sell a stake in venture capital firm Sequoia Capital to a fund from Abu Dhabi. Apparently, the deal went through and Sequoia shares went to the fund.
Source: Bits
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