Autism Capital: Approximately $380 million in FTX funds has been transferred, suspected to be an insider attempt to flee with the funds

ChainCatcher news, the on-chain activity of the FTX liquidation address starting with 0x59a has raised questions. A crypto KOL stated: "FTX insiders are very likely trying to raise funds to escape. The wallet addresses of FTX and FTX US are now affected and mixed together. The amount being laundered is approximately $380 million."

Earlier, ChainCatcher reported that the bankruptcy proceedings for FTX and FTX.US have begun, with a large amount of exchange assets starting to consolidate into the same on-chain address, 0x59ab….1fd32b. (Source link)