Amid multiple ongoing investigations, FTX continues to move funds. Addresses related to the failed crypto exchange reportedly transferred around $145 million in stablecoins to various platforms.
As Lookonchain spotted on March 14, three wallets associated with FTX and its subsidiary, Alameda Research, have moved 69.64 million Tether (USDT) and 75.94 million USD Coin (USDC). The Tether reserves have gone to custodial wallets on platforms like Coinbase (NASDAQ:COIN), Binance and Kraken. All funds in USDC were transferred to a Coinbase custodial wallet.