FTX Cold Wallet Transfers $10 Million+ In Tokens From Solana To Ethereum

Key Points:

• Solana address 6b4aypBhH337qSzzkbeoHWzTLt4DjG2aG8GkrrTQJfQA transfers over $10M worth of tokens to Ethereum via bridges like Wormhole.
• Tokens such as LINK, SUSHI, LUNA, and YFI on the Solana network are being transferred.

Solana address marked as FTX cold wallet has transferred over $10M worth of tokens to Ethereum via bridges like Wormhole since August 31.

A Solana address marked as an FTX cold wallet, 6b4aypBhH337qSzzkbeoHWzTLt4DjG2aG8GkrrTQJfQA, has been transferring funds since August 31 to the present. Tokens such as LINK, SUSHI, LUNA, and YFI on the Solana network have been transferred to Ethereum through bridges like Wormhole. The total amount of the transfer exceeds 10 million US dollars, which raises the possibility of wallet collection.

The transfer comes after CoinCu reported that Genesis Creditors had accused GGC of manipulating bankruptcy proceedings by allegedly purchasing votes in connection with a proposed $175 million settlement agreement with FTX. This settlement amount is a significant reduction from FTX’s initial claim of $4 billion.

Recently, FTX reported that Kroll, the representative of the claim in their bankruptcy, experienced a cybersecurity incident that compromised the non-sensitive customer data of several plaintiffs.

Kroll has contacted the affected individuals directly to advise them on measures they can take to protect themselves. Notably, Kroll does not maintain FTX account passwords, and the platform’s systems will not be affected.

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