The Alameda Research bankrupt wallet transferred about 152,000 SOL to the BitGo escrow wallet, suspected of carrying out OTC OTC OTC transactions

Comparative news, on-chain monitoring shows that after about 10 hours of releasing the pledge of about 201,700 SOL, the Alameda Research/FTX bankruptcy management wallet distributed 201,700 SOL (about US$15.2 million) to multiple BitGo escrow wallets today. On-chain analysts pointed out that the funds are being routed and are suspected to be disposed of through over-the-counter (OTC) transactions.

In September of this year, the bankrupt wallet transferred about 35,000 SOL to the exchange address in batches.

As of now, FTX founder Sam Bankman-Fried is still serving his sentence. He was sentenced to 25 years in prison last year.