The failing FTX cryptocurrency exchange’s CEO Sam Bankman-Fried is transferring funds from his own wallets to several crypto exchange platforms.
Recently, while being in house arrest, Sam Bankman-Fried moved $684,000 to a new cryptocurrency exchange.
According to BowTiedIguana’s study, on December 28, SBF’s public address (0xD5758) transmitted all leftover Ether to a freshly constructed address (0x7386d).
BowTiedIguana pointed out that SBF took over the Sushiswap creator’s original address from Chef Nomi in August 2020.
Did disgraced crypto founder Sam Bankman-Fried just cash out $684k to a crypto exchange in the Seychelles while under house arrest?
His release conditions are that he not spend more than $1,000 without permission from the court.
Let's examine the evidence on chain 👇
— BowTiedIguana | DeFi research, Cybersecurity info (@BowTiedIguana) December 30, 2022
When SBF agreed to take over control of the Sushiswap exchange from anonymous founder Chef Nomi in August 2020, he asked for ownership to be transferred to his Ethereum addresshttps://t.co/nE9z9tLd2npic.twitter.com/vask9WqSHd
