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US authorities demanded that Paxos freeze assets bred from FTX

Posted on October 20, 2022

US authorities demanded that Paxos freeze assets bred from FTX

PAXOS has received an indication of US federal law enforcement agencies to freeze assets associated with four Ethereum addresses.

Update: Paxos, At the Direction of US Federal Law Enforcesement, Froze 11,184.38 PAXG TOKENS VALED at ~ $ 19M. Therens Were on FTX and MOVED to Unknown Addresses in the Last 24HRS. This is rapidly evolving. https: // t.Co/bjdasronrh3

– Paxos (@paxosglobal) november 12, 2022

“In accordance with the request of Paxos, it froze 11 184.38 PAXG worth about $ 19 million. These tokens were previously on the FTX platform.COM and were moved to unknown addresses within the previous 24 hours, ”the press release of November 12 says.

On November 11, FTX Group filed an insolvency application in accordance with Chapter 11 of the US Code of Bankruptcy. Sam Bankman-Fried left the post of CEO.

On Celsius Network the same day, Tether Limited, at the request of law enforcement agencies, blocked the FTX 46 370 701 USDT on the Tron blockchain, and later 31.4 million USDT. This happened after PeckShield experts drew attention to transfers for a total of more than $ 400 million from Bitcoin-Birzhi accounts for third-party addresses.

Recall, Kraken, on the request of law enforcement agencies, froze accounts belonging to the FTX Group, including Alameda Research, as well as their leaders.

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