Dec 29, 2022

Millions of dollars worth of tokens held by Sam Bankman-Fried’s embattled trading unit Alameda Research were liquidated and ultimately exchanged for bitcoin Wednesday as the firm's founders face criminal charges related to the collapse of Alameda and FTX, according to onchain data cited by Arkham Intelligence.

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to coindesk.consensus.com to register and buy your pass now.