FTX founder Sam Bankman-Fried allegedly cashes out US$684,000, on-chain data show

FTX founder Sam Bankman-Fried allegedly cashes out US$684,000, on-chain data show

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On-chain data showed that Sam Bankman-Fried, the founder of the now-bankrupt FTX exchange, sent around 570 Ether worth US$684,000 to a Seychelles-based exchange and Ren Protocol’s Bitcoin bridge on Wednesday, suggesting that he attempted to cash out the funds. See related article: Biggest…

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