Who Was Behind Recent Alameda-Linked Transactions?

Who was behind $1.6 Million Alameda-Linked Crypto funds Transfer?

December 30, 2022 Story: Mohd Javed

Blockchain Analytics Firm Nansen claimed that the liquidators were likely behind the second set of transactions from Alameda-linked wallets.

[{"selector":"#anim-2341b446-23cf-4180-9bbd-66c644401bdb","keyframes":{"transform":["translate3d(127.54716%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e058505b-e3c2-4858-8896-f10eb6333c09","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cfb5758f-5aef-4b53-918d-b6a645518c25","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

The new outflows come two days after Alameda-linked wallets were seen funneling more than $1.6 million in crypto funds.

[{"selector":"#anim-8e460147-fd0e-402b-888b-9fb706437113","keyframes":{"transform":["translate3d(116.10737%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4c6d45f6-6875-41d5-8b41-257937595173","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3a7a3021-c1d7-4c1f-8eab-073ef0aaebcb","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Alameda-linked wallets converted several crypto tokens on Wednesday to ETH and USDT and then into Bitcoin through crypto mixers and instant exchanges.

[{"selector":"#anim-839fa141-c85b-416e-953d-c0d1a5c27f80","keyframes":{"transform":["translate3d(124.23076%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2db30e33-5b45-4aae-9141-d767063ce447","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3f64c6aa-b23f-418b-b144-51b51ec06a69","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

According to Nansen, most of these assets involved in the first tranche of transactions have been transferred to two new wallet addresses belonging to unidentified owners.

[{"selector":"#anim-a0b9bc44-1a7a-4e52-9a10-9537445629a8","keyframes":{"transform":["translate3d(120.61855%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c36a8c22-2c91-4ec4-9c8f-3929d856344e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3384c8e5-5c5f-426d-8e5d-4ffcea2d87ae","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

The two wallets received almost $1.7 million, 50% of which came from Alameda-linked crypto wallets, while the other half came from unidentified accounts.

[{"selector":"#anim-ced6813c-29d8-44be-b4dd-661cf08ce349","keyframes":{"transform":["translate3d(116.22516%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-78932cac-258e-4e52-8953-4e7a8ccc6db9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0a0664d4-3aea-43ac-8d8c-9b70b0223306","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

These two are referred to as instant exchanges that do not even require user registration.

[{"selector":"#anim-6e8cc619-0989-4a0b-8e51-61c2459db750","keyframes":{"transform":["translate3d(124.72728%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e1023845-7d7d-4896-ad47-12c0d3d5332f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-83754ba5-5a99-43c6-b967-84eb474dc412","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Crypto intelligence firm Arkham said that some platforms that received Alameda funds were crypto mixers such as Tornado Cash that are more popular among hackers.

[{"selector":"#anim-1834608f-4225-4718-ac02-48a35103454f","keyframes":{"transform":["translate3d(116.01308%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b4cdc020-4d18-4d77-bf62-9a325cc72663","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1dfae46c-d94c-4a90-8c29-656b0a39ad42","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-454667b0-cd4f-46f8-a83c-6c21258a1593","keyframes":{"transform":["rotate(-540deg) scale(0.1)","none"],"opacity":[0,1]},"delay":0,"duration":1000,"fill":"both","iterations":1}] Read More Crypto Stories