{"id":549919,"date":"2023-09-04T15:30:18","date_gmt":"2023-09-04T15:30:18","guid":{"rendered":"https:\/\/shenyangcang.com\/?p=549919"},"modified":"2023-09-04T10:50:03","modified_gmt":"2023-09-04T10:50:03","slug":"ftx-wallets-moving-tokens","status":"publish","type":"post","link":"https:\/\/shenyangcang.com\/news\/ftx-ftt-bankman\/ftx-wallets-moving-tokens\/","title":{"rendered":"FTX Wallets Begin Moving Tokens One Month To Sam Bankman-Fried\u2019s Trial"},"content":{"rendered":"
Following the FTX crash back in November 2022, there was still a good chunk of crypto running into the billions left in the exchange\u2019s wallets after the new team\u2019s recovery efforts. These tokens have sat idle for a long time in the wallet as the legal battle between the exchange and its creditors waged on.<\/p>\n
The time of idleness for these assets may now be over though as recent activities show that a large chunk of tokens from the FTX wallets are now on the move.<\/p>\n
The FTX wallets are still holding large amounts of various tokens worth over $3.5 billion<\/a>. These tokens include Solana (SOL) which makes up a large portion of the funds. This is because the exchange was one of the biggest backers of the Layer 1 blockchain and received a significant amount of vested SOL tokens in return.<\/p>\n