FTX Founder Reportedly Cashes Out $684K After Being Released On Bail

True Pundit January 2, 2023

0 Comments

SBF has allegedly cashed out $684,000 from a crypto exchange in Seychelles while being under house arrest, according to an on-chain investigation…

FTX founder Sam Bankman-Fried is reportedly cashing out large amounts of cryptocurrency soon after being released on bail, on-chain data suggests.

SBF has cashed out $684,000 in crypto to an exchange in Seychelles while being under house arrest, according to the on-chain investigation by DeFi educator BowTiedIguana.

Decentralized finance (DeFi) analyst BowTiedIguana took to Twitter on Dec. 29 to report on a series of obfuscated wallet transactions allegedly linked to SBF, suggesting that the former FTX CEO could have violated release conditions to not spend more than $1,000 without permission from the court.

According to BowTiedIguana’s analysis, SBF’s public address (0xD5758) on Dec. 28 sent all remaining Ether to a newly created address (0x7386d). BowTiedIguana noted that SBF took over the address that was originally owned by Sushiswap creator from Chef Nomi in August 2020. – READ MORE

Categories: News

Hot Wire — They Warned You About this Crew 250+ Years Ago

***************************** SUBJECT: HOMELAND SECURITY AND DOD MEETING STAFF: Chief, Deputy Chiefs of Staff, Steven Munoz, Troup Hemenway, and Joseph Guy, Acting Director of ICE, Todd Lyons, CBP Commissioner, Rodney Scott, Liaison Officer, DoD, Philip Hegseth ATTENDEES: Pete Hegseth, Secretary of Defense General Dan Caine, Chairman of the Joint Chiefs of Staff General Gregory Guillot, NORTHCOM…

To access this post, you must purchase The Hot Wire or The Hot Wire (DG).

Mike August 2, 2025

Show Intel Briefing Doc — Sept 8 2026 — The Grift of Progress: AI, Political Schemes, and Hidden Agendas

The Grift of Progress: AI, Political Schemes, and Hidden Agendas Exclusively for HOT WIRE Subscribers Only Sep 8, 2026 We explore themes of financial corruption, societal decay, and the failure of modern technology. The discussion suggests that artificial intelligence is a massive economic grift, supported by an interview with Ed Zitron who argues that the AI boom is a speculative bubble fueled by…

To access this post, you must purchase The Hot Wire or The Hot Wire (DG).

Mike September 8, 2026

Hot Wire — Back to the Future (2008-09) (2020-21) & How to Beat The Man Thru 2035

************* Let’s do an exercise I’m a middle class American. where can I expect to be in 10 years. provide a year by year breakdown what will happen to my assets. I have 400,000 in the bank As a middle-class American with $400,000 in the bank, your position in 10 years (by 2035) will largely…

To access this post, you must purchase The Hot Wire or The Hot Wire (DG).

Mike September 25, 2025

(FREE) PAINE IN THE MORNING: What you need to know this Monday – November 21, 2022

Here’s what you need to know today, Monday – November 21, 2022. There is also a full, ad-free video podcast of this broadcast available to…

True Pundit November 21, 2022

0 Comments

(PREMIUM) PAINE IN THE MORNING: What you need to know this Monday – November 21, 2022

Here’s what you need to know today, Monday – November 21, 2022. Expert Who Oversaw Enron Bankruptcy Says He’s Never Seen ‘Such a Complete Failure’ as FTX – John Ray III, the newly appointed CEO of FTX who previously oversaw the restructuring of the infamous energy company Enron, says that he has never before seen “such…

To access this post, you must purchase The Hot Wire, The Hot Wire (DG), Monthly Supporter or Monthly Supporter (DG).

True Pundit November 21, 2022

Responses

You must be logged in to post a comment.

Related Articles

Responses