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👀 Alameda sent $4.1B of $FTT tokens to FTX before crash Blockchain data analysts from Nansen have revisited the days le…
👀 Alameda sent $4.1B of $FTT tokens to FTX before crash
Blockchain data analysts from Nansen have revisited the days leading up to the collapse of FTX, including the transfer of $4.1 billion worth of $FTT tokens between the exchange and Alameda Research. 💸
Given that the two companies controlled around 90% of the FTT token supply, Nansen suggests that the entities were able to prop up each other’s balance sheets. 🔃