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<ul class="wp-block-list news-points"> 
 <li>Alameda transfers $352K in Worldcoin amid FTX’s $12.7B legal fallout.</li> 
 <li>This marks Alameda’s first Worldcoin movement since vesting a year ago.</li> 
 <li>CFTC lawsuit dismissed, but FTX and Alameda banned from trading.</li> 
</ul> 
Embattled crypto firm Alameda Research has transferred 205,387 Worldcoin (WLD) tokens, valued at approximately $352,000, to the cryptocurrency exchange Binance. This transaction marks the first movement of Worldcoin assets held by Alameda Research a year ago. Currently, Alameda holds an extensive portfolio of 24.8 million WLD, equivalent to around $45.6 million. 
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 Alameda Research started depositing their <a href="https://twitter.com/search?q=%24WLD&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$WLD</a> to CEX! 9 hours ago, Alameda Research moved the very first 205,387 <a href="https://twitter.com/search?q=%24WLD&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$WLD</a> ($352K) to <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Binance</a>, after vesting them from the <a href="https://twitter.com/hashtag/Worldcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Worldcoin</a> a year ago. Notably, the deposit came after an N.Y. judge officially ordered FTX and Alameda… <a href="https://t.co/uD21ntrS6R" target="_blank" rel="nofollow">pic.twitter.com/uD21ntrS6R</a>— Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1821739916289814838?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 9, 2024</a>
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This strategic asset transfer coincides with a recent legal development involving Alameda Research and its affiliate, FTX. On August 7, a New York court <a href="https://storage.courtlistener.com/recap/gov.uscourts.nysd.590934/gov.uscourts.nysd.590934.44.0.pdf" target="_blank" rel="nofollow">ordered</a> FTX and Alameda Research to pay a staggering $12.7 billion to creditors.&nbsp; 
This order effect…
The post <a href="https://coinedition.com/cftc-lawsuit-alamedas-12-7b-order-and-352k-worldcoin-transfer/">CFTC Lawsuit: Alameda’s $12.7B Order and $352K Worldcoin Transfer</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

CFTC Lawsuit: Alameda’s $12.7B Order and $352K Worldcoin Transfer

Coin Edition

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