Recent blockchain activity revealed that FTX and Alameda Research unstaked over 3 million Solana tokens, sending some of them to the crypto exchange Binance.
FTX And Alameda Move SOL To Binance
After unstaking the Solana tokens, the companies sent 25,000 SOL to Binance. According to Lookonchain data, this amounts to approximately $3.3 million.
FTX Asset Liquidation Restrictions
FTX and Alameda have already unlocked over $400 million in SOL. However, the Delaware court has imposed asset liquidation restrictions, preventing them from selling off their entire token holdings in a single trade.
FTX Begins Customer Repayments
FTX is starting to repay the customers affected by the platform's collapse, distributing around $1.2 billion in digital assets. However, some customers are from jurisdictions currently excluded from the repayment list.
The large unlock of Solana tokens and the initiation of customer repayments draw attention to further developments around FTX's collapse and obligations.
