# 
SBF: The funds transferred out of the Alameda Research wallet this week have nothing to do with him

**Published by:** [BitcoinBSV](https://paragraph.com/@bitcoinbsv/)
**Published on:** 2023-01-01
**URL:** https://paragraph.com/@bitcoinbsv/sbf-the-funds-transferred-out-of-the-alameda-research-wallet-this-week-have-nothing-to-do-with-him

## Content

Former FTX CEO SBF tweeted for the first time since his arrest on Dec. 12. He said he had nothing to do with the funds that were transferred from the Alameda Research wallet after he was released on bail. He wrote: "None of these were done by me. I did not and cannot use these funds. I can no longer access these funds." Fang tokens are sold on the open market. Various tokens including USDC, DAI, CRV, ETH, CVX were merged from several wallets to two wallets, and then sold for USDT. These assets were then exchanged for Bitcoin (BTC) through exchange services such as FixedFloat and ChangeNow. SBF was arrested in the Bahamas on Dec. 12 on charges including money laundering, wire fraud and securities fraud, and was extradited to the United States on Dec. 21. He was released on a $250 million bond on Dec. 24. SBF is likely to plead not guilty to eight counts of fraud at a hearing next week, The Wall Street Journal said, citing people familiar with the matter.

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