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OKX sends $57M worth of USDT and MASK tokens to Alameda Research

Ayush Pande
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Ayush Pande
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Ayush Pande
OKX sends $57M worth of USDT and MASK tokens to Alameda Research
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Cryptocurrencies can be volatile and high risk. Though our articles are for informational purposes only, they are written in accordance with the latest guidelines from tax agencies around the world and reviewed by certified tax professionals before publication. Learn more about our Risk Warning and Our Editorial Process.

Crypto exchange OKX transferred over $57M worth of assets to FTX’s sister firm, Alameda Research.

Earlier in March, a court filing submitted by FTX claimed that OKX held $157M worth of funds that belonged to Alameda clients. Soon, OKX agreed to send the funds to certain wallets designated by the bankrupt firms’ debtors.

According to the statistics provided by Arkham Intelligence, crypto wallets controlled by the FTX-Alameda bankruptcy estate received $57.77M in Tether (USDT) and $1.3M in Mask Network (MASK) tokens. 

As of writing, Alameda’s wallet holds $285M worth of crypto assets, with Tether, BitDAO (BIT), USD Coin (USDC) Ethereum (ETH), and Polygon (MATIC) tokens comprising the majority of these funds. 

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Meanwhile, FTX’s new management has recovered over $7B in crypto since November 2022, when the FTX Group filed for Chapter 11 bankruptcy. Currently, the firm’s lawyers are engaged in clawing back $4B from Genesis and its subsidiaries.

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Ayush Pande

Ayush Pande is a hardware, gaming, and crypto writer based in India. He's a tech enthusiast who's fascinated by the potential of blockchain technology.

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Ayush Pande
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Ayush Pande
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As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

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Ayush Pande
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OKX sends $57M worth of USDT and MASK tokens to Alameda Research

OKX transferred over $57M worth of assets to crypto wallets controlled by the Alameda Research-FTX bankruptcy estate.
Crypto exchanges
Dot
April 6, 2025
Ayush Pande

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

in
TABLE OF CONTENTS
Photo Source: OKX (Youtube)

Crypto exchange OKX transferred over $57M worth of assets to FTX’s sister firm, Alameda Research.

Earlier in March, a court filing submitted by FTX claimed that OKX held $157M worth of funds that belonged to Alameda clients. Soon, OKX agreed to send the funds to certain wallets designated by the bankrupt firms’ debtors.

According to the statistics provided by Arkham Intelligence, crypto wallets controlled by the FTX-Alameda bankruptcy estate received $57.77M in Tether (USDT) and $1.3M in Mask Network (MASK) tokens. 

As of writing, Alameda’s wallet holds $285M worth of crypto assets, with Tether, BitDAO (BIT), USD Coin (USDC) Ethereum (ETH), and Polygon (MATIC) tokens comprising the majority of these funds. 

‍



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Meanwhile, FTX’s new management has recovered over $7B in crypto since November 2022, when the FTX Group filed for Chapter 11 bankruptcy. Currently, the firm’s lawyers are engaged in clawing back $4B from Genesis and its subsidiaries.

Written by
Author's profile picture

Ayush Pande

Ayush Pande is a hardware, gaming, and crypto writer based in India. He's a tech enthusiast who's fascinated by the potential of blockchain technology.

Connect with Ayush on LinkedIn
OKX
Alameda Research
Tether
Mask Network
USD Coin
Ethereum
Polygon
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Crypto exchanges
May 9, 2023

OKX sends $57M worth of USDT and MASK tokens to Alameda Research

HomeCrypto exchanges
Blog Post
Contents
Photo Source: OKX (Youtube)

Crypto exchange OKX transferred over $57M worth of assets to FTX’s sister firm, Alameda Research.

Earlier in March, a court filing submitted by FTX claimed that OKX held $157M worth of funds that belonged to Alameda clients. Soon, OKX agreed to send the funds to certain wallets designated by the bankrupt firms’ debtors.

According to the statistics provided by Arkham Intelligence, crypto wallets controlled by the FTX-Alameda bankruptcy estate received $57.77M in Tether (USDT) and $1.3M in Mask Network (MASK) tokens. 

As of writing, Alameda’s wallet holds $285M worth of crypto assets, with Tether, BitDAO (BIT), USD Coin (USDC) Ethereum (ETH), and Polygon (MATIC) tokens comprising the majority of these funds. 

‍



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


‍

Meanwhile, FTX’s new management has recovered over $7B in crypto since November 2022, when the FTX Group filed for Chapter 11 bankruptcy. Currently, the firm’s lawyers are engaged in clawing back $4B from Genesis and its subsidiaries.

Written by
Author's profile picture

Ayush Pande

Ayush Pande is a hardware, gaming, and crypto writer based in India. He's a tech enthusiast who's fascinated by the potential of blockchain technology.

Connect with Ayush on LinkedIn
OKX
Alameda Research
Tether
Mask Network
USD Coin
Ethereum
Polygon
Ayush Pande

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

in

Crypto exchange OKX transferred over $57M worth of assets to FTX’s sister firm, Alameda Research.

Earlier in March, a court filing submitted by FTX claimed that OKX held $157M worth of funds that belonged to Alameda clients. Soon, OKX agreed to send the funds to certain wallets designated by the bankrupt firms’ debtors.

According to the statistics provided by Arkham Intelligence, crypto wallets controlled by the FTX-Alameda bankruptcy estate received $57.77M in Tether (USDT) and $1.3M in Mask Network (MASK) tokens. 

As of writing, Alameda’s wallet holds $285M worth of crypto assets, with Tether, BitDAO (BIT), USD Coin (USDC) Ethereum (ETH), and Polygon (MATIC) tokens comprising the majority of these funds. 

‍



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


‍

Meanwhile, FTX’s new management has recovered over $7B in crypto since November 2022, when the FTX Group filed for Chapter 11 bankruptcy. Currently, the firm’s lawyers are engaged in clawing back $4B from Genesis and its subsidiaries.

Written by
Author's profile picture

Ayush Pande

Ayush Pande is a hardware, gaming, and crypto writer based in India. He's a tech enthusiast who's fascinated by the potential of blockchain technology.

Connect with Ayush on LinkedIn
Written by
Ayush Pande
OKX
Alameda Research
Tether
Mask Network
USD Coin
Ethereum
Polygon

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