FTX and Alameda Research Transfer $14.4 Million Worth of Tokens to Centralized Exchanges

FTX and Alameda Research have transferred $14.4 million worth of tokens, including $MATIC, $BAND, $PERP, $TRU, $BICO, $KNC, $CVC, and $BOND, to centralized exchanges. However, despite these transfers, the two firms still hold $736 million worth of EVM assets. The transfers were made in alignment with the firms' plans to sell some of their digital assets to pay back creditors. Former CEO of FTX, Sam Bankman-Fried, testified that he believed taking FTX deposits was legal.