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FTX funds on the move as thief converts thousands of ETH into Bitcoin

According to Chainalysis, “Reports that the funds stolen from FTX were actually sent to the Securities Commission of The Bahamas are incorrect.”

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

FTX funds on the move as thief converts thousands of ETH into Bitcoin

According to Chainalysis, “Reports that the funds stolen from FTX were actually sent to the Securities Commission of The Bahamas are incorrect.”

Why this matters

This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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