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The U.S. government sold $974,000 worth of ANT seized from Alameda before the destruction of ANT

2024-10-31 08:22:42
Collection

According to ChainCatcher news, data from Arkham indicates that the U.S. government has sold ANT tokens seized from Alameda Research. This marks the first transfer of funds from the wallet in nearly two years, which contains approximately $974,000 worth of cryptocurrency. In November 2023, Aragon (token ANT) voted to dissolve and redeem ANT tokens for 86,343 ETH (valued at $155 million at the time). Users must redeem their ANT tokens by November 2, 2024. After redemption, all ANT tokens will be destroyed, meaning "from now on, holding ANT makes no sense."

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