FTX Estate Transfers $16M SOL: Most Creditors Are Already Whole

4 days ago 7

Rommie Analytics

Key Takeaways
  • Alameda moved ~198,000 SOL (~$16M) to distribution address.
  • Estate still holds 3.5-3.75 million SOL worth ~$315 million.
  • March 31 Fourth Distribution: most creditor classes reached 100% recovery at petition prices.
  • Class 5A (Dotcom Customers) at 96% – the one class not yet complete.
  • May 29 Fifth Distribution: creditors must complete KYC and tax forms by April 3.

The Transfer and What It Means for SOL

Alameda Research moved approximately 198,000 SOL tokens according to Arkham, worth roughly $16 million at current prices, from a cold staking wallet to a central settlement wallet managed by the FTX and Alameda Debtors estate on April 13. The destination is a creditor distribution address. The pattern mirrors a transaction from ...

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