SBF has allegedly cashed out $684,000 from a crypto exchange in Seychelles while being under house arrest

12/30/2022

SBF has allegedly cashed out $684,000 from a crypto exchange in Seychelles while being under house arrest, per Cointelegraph’s reporting.

This was initially shown by analysis from BowTiedIguana, who suggested that he had violated release conditions to not spend more than $1,000 without permission from court.

Within hours, 0x7386d received transfers totaling $367,000 from 32 addresses identified as Alameda Research wallets, with an additional $322,000 coming from other wallets. All funds were sent to a centralized crypto exchange in Seychelles and to the crypto bridge RenBridge, according to the DeFi analyst.

SBF said he had not done this, or had control of the wallets.

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