This week, FTX debtors issued a press launch and a 20-page doc noting that chapter directors had positioned $5.5 billion in liquid property. The doc particulars that investigators found fiat currencies, crypto property, and securities as a part of FTX’s and Alameda Analysis’s cache. Nonetheless, the disclosure to unsecured collectors doesn’t point out the extraordinarily giant stash of non-fungible tokens the corporate had accrued over time.
FTX and Alameda’s Liquidated Property Embody Hundreds of NFTs and ENS Names
FTX’s internal circle and the quantitative buying and selling firm Alameda Analysis have been closely concerned within the non-fungible token (NFT) hype that started in 2021. In actual fact, after FTX and Alameda filed for chapter safety, our information desk parsed by way of numerous Alameda/FTX-associated wallets and found hundreds of NFTs and Ethereum Title Service (ENS) names.
The discoveries have been derived from wallets labeled by Block researcher Larry Cermak and parsed knowledge from the crypto monitoring utility Arkham Intelligence and dappradar.com‘s portfolio viewer. For instance, the Alameda-linked handle “0x116” holds round $100,000 in crypto tokens, but it surely additionally holds 107 ENS names. It’s doable that Alameda thought it may flip ENS names sooner or later, because the agency obtained a large number of widespread names.
Alameda Analysis-linked ENS names.
Alameda and now the liquidators personal ENS names corresponding to “tickets.eth,” “fee.eth,” “community.eth,” “dungeon.eth,” “packager.eth,” “nootropic.eth,” “breakfast.eth,” and lots of extra. Most usually are not value very a lot, however a number of the particular ENS names like “fee.eth” and “community.eth,” have bought for near $9,000 per identify. Alameda’s ENS identify assortment shouldn’t be talked about within the 20-page presentation proven to FTX’s unsecured collectors.
Final 12 months in January, there have been plenty of controversies when just a few mirrored non-fungible token (NFT) collections appeared on the scene, copying the art work of Cryptopunks and Bored Ape Yacht Membership (BAYC) NFTs. Curiously, Alameda’s ETH handle “0x0f4” holds a large amount of unofficial “flipped” Cryptopunks and “mirrored” BAYC NFTs.
Alameda Analysis owns a dozen Meebits, 2 MAYCs, and a great handful of blue-chip NFTs.
The “0x0f4” handle holds 2,447 NFTs within the pockets from 629 completely different NFT collections. Alameda’s “0x0f4” collected NFTs from compilations corresponding to Time Frog, Occasion-Animals, Metawarden, Shrouded Playground, and lots of extra from dozens of comparatively unknown NFT collections.
Alameda collected blue-chip non-fungible tokens (NFTs) as effectively, and information present the agency obtained 11 authentic Cryptopunks, that are collectively value an estimated $784,000. The buying and selling platform bought seven completely different Artwork Blocks Curated, which have an estimated worth of round $1.47 million on Jan. 20, 2023.
Blue-chip NFTs value important worth and owned by Alameda Analysis, in accordance with 21shares knowledge hosted on Dune Analytics.
Alameda and now the liquidators personal 81 land NFTs from The Sandbox, that are collectively value an estimated $155,000. Alameda obtained two Otherdeeds as effectively, which are actually value round $25,000, and 12 completely different Meebits, that are valued at an estimated $88,000 immediately. An excessive amount of blue-chip NFTs will be discovered within the ETH handle “0xca4.”
That particular pockets holds a few of Alameda’s most dear NFTs, together with the Otherdeed land titles and two Mutant Ape Yacht Membership (MAYC) NFTs value roughly $50,000 in mixed worth. Larry Cermak’s Alameda handle record highlights roughly 29 completely different Ethereum addresses. Moreover, Arkham Intelligence knowledge signifies that there are 68 addresses tied to the quantitative buying and selling platform Alameda Analysis.
Out of the big swath of Alameda addresses, an honest handful of the wallets personal NFTs. Most of those wallets are assumed to be managed by the FTX chapter workforce and liquidators. Simply in tokens alone, Alameda’s 68 tethered Ethereum-based wallets point out a internet worth of round $189.12 million.
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Alameda Analysis, Artwork Blocks Curated, Chapter, Blockchain, Blue-Chip NFTS, controversy, crypto property, crypto-art, cryptopunks, Digital Property, Digital Collectibles, Digital Id, digital possession, digital rights, ENS, ERC1155, ERC721, Ethereum, Ethereum Title Service, ftx, Land NFTs, liquid property, Meebits, Metaverse, NFT market, NFTs, Non-fungible tokens, Otherdeeds, Possession, quantitative buying and selling, Shortage, Securities, tokenization, Worth, digital items, Digital Worlds, Pockets
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Picture Credit: Shutterstock, Pixabay, Wiki Commons, Editorial credit score: Arkham Intelligence visualization, Dune Analytics, dappradar.com,
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