🕵️♂️Nansen's blockchain detectives dug up some juicy details on the FTX collapse, revealing a $4.1B FTT token transfer between FTX & Alameda Research.🔍📉
💸Alameda sent $4.1B in FTT tokens & $388M in stablecoins to FTX before the collapse. They controlled 90% of FTT supply, supporting each other's balance sheets.🤝
🤔Did Alameda use FTT tokens as collateral for loans? On-chain data shows $1.7B transfers between FTX, Alameda & Genesis Trading wallets.🔄
📉FTT's value drop led to a hidden $4B loan from FTX to Alameda. Nansen's data supports this theory, showing a $4B FTT transfer in June 2022.💰
🚫Alameda failed to buy FTT tokens from Binance at $22 after negative financial health reports. Binance CEO Changpeng Zhao spilled the beans.🗣️
What do you think about these findings? Share your thoughts in the comments!👇😉