Analysts at Arkham determined that on Nov. 6 — a few days befo | Smart Bitcoin

Analysts at Arkham determined that on Nov. 6 — a few days before the crash — Alameda Research, a trading company, withdrew the equivalent of $204 million from the US arm of the FTX exchange.

116 million of them were stablecoins like USDT, USDC, BUSD and TUSD.

Spoiler alert: that didn't save the company either.