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FTX Moves Millions Worth of LINK, MATIC, AGLD to Coinbase as Sam Bankman-Fried Testifies

Bankrupt crypto exchange FTX moved another batch of crypto assets worth millions including Chainlink’s LINK and Polygon’s MATIC Thursday afternoon, blockchain data revealed.

Some $2.6 million in LINK and $1.3 million in adventure gold AGLD were deposited to Coinbase originated from FTX-related crypto wallets, on-chain sleuth Lookonchain noted in a X post.

AGLD tokens moved from FTX-related wallets to Coinbase (Arkham Intelligence)
AGLD tokens moved from FTX-related wallets to Coinbase (Arkham Intelligence)

Another $4.8 million in MATIC left an FTX wallet to an intermediary address, which then transferred a $1.8 million chunk of the tokens to Coinbase, blockchain analytics platform Arkham Intelligence data showed.

Earlier today, some $19 millions worth of crypto including solana (SOL) and ether (ETH) left FTX cold wallets and were deposited to exchanges.

The transactions happened as Sam Bankman-Fried, the founder of FTX and its sister trading firm Alameda Research, was scheduled to testify at his criminal trial Thursday afternoon.

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