Tether Blacklists Mysterious FTX Wallets as Account Drainer Liquidates MATIC Holdings
The entity behind mysterious fund movements related to FTX crypto wallets has started liquidating token holdings from various networks. Over $12 million in chainlink (LINK) tokens were sold in early Asian hours across two transactions, shortly after reports of a hack at FTX. The entity gained just under $10 million after slippage – a term to describe losses taken by a market participant when receiving a different trade execution price than intended – implying the entity was rushing to liquidate funds. Separately, activity tied to the account drainer’s wallets on the Polygon blockchain showed some 3 million MATIC tokens were sold for $2.4 million.
Source
https://t.me/Matic_Chainlink_Monero
