Bankman-fried’s trading firm alameda research was involved in several cryptocurrency transfers late tuesday evening. data journalist martin lee of nansen was among the blockchain sleuths to notice the activity among alameda wallets, which included 3,263 convex finance tokens (cvx) worth $11,390 sent from convex finance to an alameda research wallet, as well as funds sent to a metamask wallet and a third transfer of 45.6 eth worth $55,219 sent to an unknown address. research firm oxt also noted that the way the funds were swapped “rings some major alarm bells.”
Activity took place late tuesday evening. funds were sent to a metamask wallet, along with 74,112 crv, equivalent to $39,152, from alameda research to a metamask wallet. the third transfer of 45.6 eth worth $55,219 was sent to an unknown address, with the funds further sent to instant exchange services changenow and fixedfloat. funds were then consolidated into two main wallets, which were later swapped for ethereum (eth) and tether (usdt).
Transfers were initiated by sam bankman-fried, also known as sbf, who is facing a total of eight criminal charges after being arrested in the bahamas earlier this month. sbf allegedly committed fraud by using customer funds to place bets via his trading house alameda research. on-chain sleuth zachxbt revealed that the funds had been swapped for bitcoin (btc). sbf is now awaiting trial under house arrest at his parents’ house in palo alto, california, under the terms of a $250 million bond agreement. the court document does not mention internet access restrictions for sbf.