According to Spot On Chain monitoring, Alameda wallet 0xf02 deposited 4,000 ETH ($14.75 million) into Coinbase 6 hours ago at an average price of $3,688. It is worth noting that this is the largest single ETH deposit by FTX and Alameda since the market rebounded in February. Since February 1, 2024, FTX/Alameda has deposited 21,650 ETH ($72.4 million) into Coinbase at an average price of $3,343.

FTX creditor Sunil Kavuri posted on X platform stating that Senators John Hickenlooper, Cynthia Lummis, and Thom Tillis wrote to FTX bankruptcy judge Dorsey requesting an independent investigator to investigate the low-priced sale of SOL by Sullivan and Cromwell, the law firm handling the FTX bankruptcy case. Earlier, it was reported that Sullivan and Cromwell sold SOL, originally worth 1.7 billion US dollars, for 64 USDT.

FTX sold up to 30 million SOL to venture capital companies such as Pantera Capital and Galaxy Trading at a price of $64 per coin, a significant decrease of 62% from the current market price. The SOL will be locked for four years and cannot be sold. The transaction is expected to bring FTX about $1.9 billion in revenue and is positioned as an important step in repaying creditors. However, those affected by the exchange's collapse have a negative view of the transaction. Sunil Kavuri, one of the affected individuals, stated that this sale has resulted in the loss of billions of dollars in value for FTX's creditors and accused the company's bankruptcy lawyer, Sullivan & Cromwell, of placing clients below creditors by disposing of what he believed to be "property" of the creditors.

Sam Bankman-Fried has been sentenced to 25 years in federal prison for fraud charges related to the collapse of FTX exchange and Alameda Research trading firm. The sentence is less than the 105 years recommended by the Department of Probation, but higher than what Bankman-Fried and his lawyers were hoping for. Bankman-Fried plans to shift the media narrative surrounding his case in an attempt to rehabilitate his reputation, but Judge Lewis Kaplan emphasized the seriousness of his actions and the risk he poses to society. In the future, publicly-traded companies involved in derivatives markets will have to address any forfeiture or restitution issues, and sentencing hearings and memos for Bankman-Fried's former executives turned prosecution witnesses are expected to begin.

FTX's current CEO, John J. Ray III, refuted Sam Bankman-Fried's claim that customers lost "zero" funds in the exchange's collapse in 2022, stating that these claims are absolute, ruthless, and clearly incorrect. In a victim impact statement written by Ray on behalf of FTX and its subsidiaries, Ray told New York District Court Judge Lewis Kaplan that SBF's claim that its exchange had the ability to pay was a "delusional" statement that was an "inaccurate description" of the January statement by the estate committee. Ray stated that when he took over, the exchange had almost no funds, with only 105 bitcoins remaining, while customers were entitled to nearly 100,000 bitcoins.

According to Spot On Chain monitoring, FTX and Alameda Wallet deposited 6,500 ETH (worth $24.57 million) into Coinbase through 7 transactions at a price of $3,780 in the past 15 days. Additionally, during this period, they also transferred 8 other assets worth $6.26 million: ALI, GAL, TONCOIN, WAVES, OHM, HGET, TLM, and MTA.

According to market news, cryptocurrency investment firm Pantera Capital raised funds to purchase a large amount of Solana holdings from FTX Estate.

Zhu Su tweeted that FTX is selling linearly unlocked Solana tokens at a significant discount, while cryptocurrency traders are paying a lot of money to go long, presenting a polarized situation. He stated that if SBF were present, he would seriously address this issue.

FTX has opened a claims window for mainstream cryptocurrencies such as Bitcoin (BTC), Ethereum, and Solana, with pricing significantly lower than their current market value. Many people have expressed concerns about the pricing differences on FTX on the X social platform, questioning the platform's fairness and transparency. PwC has published an official statement on its website, providing insights into the FTX situation. PwC disclosed that FTX Digital Markets Ltd. is reaching a settlement with FTX Trading Ltd. and its affiliated debtors under Chapter 11 of the US Bankruptcy Code, with the aim of merging the assets of the two entities. The official liquidator of FTX has notified creditors to submit electronic claims before May 15, 2024. The claims portal managed by PwC is expected to make its first mid-term distribution at the end of 2024 or early 2025, with all eligible claims priced in US dollars.

On March 3rd, it was announced that the joint official liquidators (JOL) of FTX Digital Markets Ltd (in official liquidation) (FTX Digital) have informed customers and non-customer creditors to submit claims in the FTX Digital liquidation through the FTX Digital claims portal. The joint official liquidators have activated the FTX Digital claims portal and eligible customers and non-customer creditors can submit claims in the FTX Digital liquidation, view their balances in their FTX accounts (as per the records of the joint official liquidators), and submit electronic claims in the Bahamian process. Only customers and non-customer creditors who submit electronic claims before the prescribed deadline of May 15, 2024 (the claims deadline) will be eligible for distribution in the Bahamian process (provided that the claim is recognized as eligible for distribution).