“I’m not and couldn’t be moving any of those funds; I don’t have access to them anymore,” the former FTX CEO said.
Sam Bankman-Fried, the former CEO of the now-defunct FTX exchange, has denied transferring funds linked to Alameda wallets, just days after being released on a $250 million bond.
Fried denied any involvement in the movement of funds from Alameda wallets in a tweet to his 1.1 million followers on December 30. In response to allegations that he was involved in the removal of funds from Alameda wallets, he stated, “None of these are me. I’m not and cannot move any of those funds because I no longer have access to them.”
SBF’s tweet was in response to a Cointelegraph news story reporting that a wallet address beginning with 0x64e9 had received over 600 ETH from wallets belonging to Alameda. According to on-chain transactional records, a portion of the funds were swapped to USDT, while the remainder was routed to a mixing service.
The movement of funds, as well as the manner in which it was moved, raised suspicions among the crypto community that it was an inside job. Some speculated that SBF was behind it. The Alameda wallet was discovered to be exchanging ERC-20 bits for Ether and USDT, which were then routed through instant exchanges and mixers.
According to an on-chain investigation conducted by DeFi educator BowTiedIguana, SBF allegedly cashed out $684,000 in cryptocurrency while under house arrest via an exchange in Seychelles.
BowTiedIguana reported on a series of wallet transactions allegedly linked to SBF on December 29. The transaction records appeared to indicate that the former FTX CEO may have violated release conditions by spending more than $1,000 without court permission.
