Alameda Research Accumulated $60M in Tokens Before FTX Listing 💼

Trading firm Alameda Research collected tokens before FTX listed them on the exchange. According to blockchain data, Alameda held $60 million worth of tokens at a time when FTX said it would be listing them, potentially committing insider trading. Because the movement was seen on the blockchain, it could either be a public tip that a platform plans to list a token or it could be a sign that traders had prior knowledge of the listings.