FTX co-founder and former CEO Sam Bankman-Fried said he was not involved in the movement of funds withdrawn from Alameda Research wallets after he was released from prison on bail.
The crypto community noticed withdrawals from Alameda Research wallets on December 27 and 28. It happened right after the release of Sam Bankman-Fried (Sam Bankman-Fried) from prison on bail, so it is not surprising that suspicions fell on him.
However, according to Bankman-Fried, he does not have access to wallets. In addition, bail conditions limit the ability of the FTX co-founder to conduct large cash transactions.
“I did not carry out these transactions. I have not withdrawn and could not withdraw funds, I simply do not have access to them, ”the FTX co-founder accused of fraud wrote.
Recall that the nature of the transactions indicates an insider with access to wallets rather than a hacker. More than 600 ETH was withdrawn to an unidentified address, then some of them were exchanged for Tether USD stablecoins, and the rest of the funds were used to buy bitcoins through the ChangeNow exchanger.
Source: Bits
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