The Alameda Research hedge fund withdrew approximately $16 million worth of Solana tokens from staking and transferred them to an address used for paying creditors of the collapsed cryptocurrency exchange FTX, which went bankrupt in 2022. The operation was tracked by analysts from the Arkham platform.

There has been no official confirmation of Alameda's intention to distribute the tranche among its parent company's creditors, FTX. However, the current operation repeats a similar one conducted by Alameda at the end of February: at that time, the company sent $15.6 million in the same cryptocurrency to the same distribution address.
Afterward, the funds were directed to 25 crypto wallets as part of FTX's bankruptcy proceedings — payments are made from these wallets to individuals claiming to be creditors.
According to Arkham, Alameda still owns about 3.5 million SOL tokens worth $294.1 million.