- Lookonchain tweeted that FTX transferred $19 million worth of SOL out and deposited 1,583 ETH to exchanges.
- FTX founder is guilty of seven charges and will be sentenced by Judge Kaplan in March.
- A federal prosecutor says that the judge could take SBF’s age into consideration and give him a shorter sentence.
Market analysis platform Lookonchain tweeted that FTX transferred 462,964 $SOL ($19.2 million) and deposited 1,583 $ETH ($3 million) to exchanges. When the aggregate of the transfers made by FTX/Almeda was calculated as of November 7, it added to almost $275 million in crypto assets.
UPDATE:FTX transferred 462,964 $SOL($19.2M) out 8 hours ago and deposited 1,583 $ETH($3M) to exchanges 5 hours ago.
As of Nov 7, FTX/Alameda had transferred ~$275M in crypto assets.https://t.co/UQrOPnA34R pic.twitter.com/ZaVpVIhba8
— Lookonchain (@lookonchain) November 7, 2023
Meanwhile, in the proceedings in the courtroom a few days ago, a jury of twelve found FTX founder Sam Bankman-Fried guilty of all seven criminal charges brought against him. As such, the resounding question is, for how long will Bankman-Fried be kept behind bars?
As per the CNBC report, Judg…
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