Roughly 2,500 ether connected to the apparent exploit of FTX during last year's debacle is on the move for the first time in nearly one year.
FTX exploiter's identity remains a mysteryAccounts tied to the collapsed exchange and its U.S. affiliate were drained on Nov. 11, 2022, almost immediately after the company filed for Chapter 11 bankruptcy protection and disgraced founder Sam Bankman-Fried resigned.Bankman-Fried is scheduled to go on trial next week. He has pleaded not guilty to all charges.
Disclaimer: The former CEO and majority shareholder of The Block has disclosed a series of loans from former FTX and Alameda founder Sam Bankman-Fried. © 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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