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OKX just sent $60M in USDT, MASK token to Alameda Research

Published 05/09/2023, 01:30 PM
Updated 05/09/2023, 03:00 PM

On May 9, crypto exchange OKX sent approximately $60 million worth of digital assets to wallets connected to failed hedge fund Alameda Research, according to data from crypto analytics platform Arkham Intelligence.

Screenshot showing transfers from OKX to Alameda Research wallets. Source: Arkham Intelligence

The funds were spread out among 16 separate transactions and included approximately 337.9 million Mask Network (MASK) tokens (worth $1.3 million), as well as $57.77 million worth of the Tether (USDT) stablecoin.

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