On December 28, after four weeks of dormancy, 30 bitcoin wallets connected to Alameda Research, the insolvent sibling firm of FTX, started to function. Through different crypto-mixing services, these Alameda wallets exchanged and combined cryptocurrency holdings totaling over $1.7 million. Market manipulators and criminals frequently employ crypto mixers to obfuscate the transaction trail, making it difficult to identify the source of the cash. Funds Transferred Through Crypto Mixers According to a report from December 28, the abrupt transfer of money from Alameda wallets just a few days after Sam Bankman Fried was granted bail sparked concerns among the cryptocurrency community. The post Alameda Wallets Transfer Over $1.7M Via Crypto Mixers Overnight appeared first on Cryptoknowmics-Crypto News and Media Platform .
North Carolina Eyes Crypto for Pension Funds
