"Hmmm it's really difficult, why does Deribit want to deposit funds with a company that has been destroyed?"
Every day is sure to be surprised by new news about the collapse of the cryptocurrency exchange company FTX which is still mentioned by most investors even today.
The latest disclosure of the issue is regarding the crypto derivatives* exchange company, Deribit, which was reported to have made a suspicious transaction worth $12 million on 10,000 Ethereum (ETH) since December 10.
*Buyer and seller enter into a contract to sell the underlying asset.
Be informed that Deribit acted to deposit the following funds into wallet address 0xF02...0713 identified as "Alameda Research: Wallet".
However, until now Deribit has refused to give any feedback on the transaction even though they previously insisted that they have no connection with Alameda Research, a company that was also founded by the former Chief Executive Officer (CEO) of FTX, Sam Bankman-Fried (SBF).
In fact, Deribit also denied claims that his company has a number of digital assets in FTX including Solana (SOL) which is linked to Alameda Research.
On the different side, FTX and Alameda Research have invested in several crypto startups such as TrueFi, Magic Eden, Burnt Finance, Parallel Finance, Solfarm, Sundaeswap and Sahicoin while non-crypto companies are SpaceX and Elon Musk's The Boring Company.
The total value of the investment made by FTX and Alameda Research is estimated at $5.4 billion.
