According to blockchain data analysis firm Nansen, Alameda Research conducted token transfers worth $4.1 billion before the collapse of FTX. The FTT token is among the crypto assets involved in the transfer. On-chain data shows that FTX held a significant portion of the total FTT token supply and conducted large FTT transactions between these two companies. The report also revealed that Alameda had been selling FTT tokens on unlicensed exchanges and using them as collateral from cryptocurrency lending firms.

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