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Alameda transferred $15.2 million SOL to BitGo; the funds were used for OTC sales.
2026-08-12 03:29:36
According to CoinMeta, within 10 hours of releasing 201,740 SOL from collateral, Alameda Research transferred approximately 201,780 SOL (valued at around $15.2 million) to multiple BitGo custodial wallets. These funds are being used for off-exchange trading (OTC sales). Meanwhile, FTX founder Sam Bankman-Fried is still serving a 25-year prison sentence.
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