{"id":16690,"date":"2023-01-20T20:28:23","date_gmt":"2023-01-20T20:28:23","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ftx-debtors-list-of-assets-omits-mention-of-large-stash-of-nfts-and-ens-names-owned-by-alameda-bitcoin-news\/"},"modified":"2023-01-20T20:28:23","modified_gmt":"2023-01-20T20:28:23","slug":"ftx-debtors-list-of-assets-omits-mention-of-large-stash-of-nfts-and-ens-names-owned-by-alameda-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ftx-debtors-list-of-assets-omits-mention-of-large-stash-of-nfts-and-ens-names-owned-by-alameda-bitcoin-news\/","title":{"rendered":"FTX Debtors’ List of Assets Omits Mention of Large Stash of NFTs and ENS Names Owned by Alameda\u00a0 \u2013 Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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This week, FTX debtors issued a press release and a 20-page document noting that bankruptcy administrators had located $5.5 billion in liquid assets. The document details that investigators discovered fiat currencies, crypto assets, and securities as part of FTX\u2019s and Alameda Research\u2019s cache. However, the disclosure to unsecured creditors does not mention the extremely large stash of non-fungible tokens the company had accrued over the years.<\/strong><\/p>\n

FTX and Alameda\u2019s Liquidated Assets Include Thousands of NFTs and ENS Names<\/h2>\n

FTX\u2019s inner circle and the quantitative trading company Alameda Research were heavily involved in the non-fungible token (NFT) hype that began in 2021. In fact, after FTX and Alameda filed for bankruptcy protection, our news desk parsed through a large number of Alameda\/FTX-associated wallets and discovered thousands of NFTs and Ethereum Name Service (ENS) names.<\/p>\n

The discoveries were derived from wallets labeled<\/a> by Block researcher Larry Cermak<\/a> and parsed data from the crypto monitoring application Arkham Intelligence<\/a> and dappradar.com<\/a>\u2018s portfolio viewer. For example, the Alameda-linked address \u201c0x116<\/a>\u201d holds around $100,000 in crypto tokens, but it also holds 107 ENS names. It\u2019s possible that Alameda thought it could flip ENS names in the future, as the firm obtained a great number of common names.<\/p>\n

\"FTX
Alameda Research-linked ENS names.<\/figcaption><\/figure>\n

Alameda and now the liquidators own ENS names such as \u201ctickets.eth,\u201d \u201cpayment.eth,\u201d \u201cnetwork.eth,\u201d \u201cdungeon.eth,\u201d \u201cpackager.eth,\u201d \u201cnootropic.eth,\u201d \u201cbreakfast.eth,\u201d and many more. Most are not worth very much, but some of the specific ENS names like \u201cpayment.eth\u201d and \u201cnetwork.eth,\u201d have sold for close to $9,000 per name. Alameda\u2019s ENS name collection is not mentioned in the 20-page presentation shown to FTX\u2019s unsecured creditors.<\/p>\n

Last year in January, there were a lot of controversies<\/a> when a few mirrored non-fungible token (NFT) collections appeared on the scene, copying the artwork of Cryptopunks and Bored Ape Yacht Club (BAYC) NFTs. Interestingly, Alameda\u2019s ETH<\/a> address \u201c0x0f4<\/a>\u201d holds a massive quantity of unofficial \u201cflipped\u201d Cryptopunks and \u201cmirrored\u201d BAYC NFTs.<\/p>\n

\"FTX
Alameda Research owns a dozen Meebits, 2 MAYCs, and a good handful of blue-chip NFTs.<\/figcaption><\/figure>\n

The \u201c0x0f4\u201d address holds 2,447 NFTs in the wallet from 629 different NFT collections. Alameda\u2019s \u201c0x0f4\u201d collected NFTs from compilations such as Time Frog, Party-Animals, Metawarden, Shrouded Playground, and many more from dozens of relatively unknown NFT collections.<\/p>\n

Alameda collected blue-chip non-fungible tokens (NFTs) as well, and records<\/a> show the firm obtained 11 legitimate Cryptopunks, which are collectively worth an estimated $784,000. The trading platform purchased seven different Art Blocks Curated, which have an estimated value of around $1.47 million on Jan. 20, 2023.<\/p>\n

\"FTX
Blue-chip NFTs worth significant value and owned by Alameda Research, according to 21shares data hosted on Dune Analytics.<\/figcaption><\/figure>\n

Alameda and now the liquidators own 81 land NFTs from The Sandbox, which are collectively worth an estimated $155,000. Alameda obtained two Otherdeeds as well, which are now worth around $25,000, and 12 different Meebits, which are valued at an estimated $88,000 today. A great deal of blue-chip NFTs can be found in the ETH<\/a> address \u201c0xca4<\/a>.\u201d<\/p>\n

That specific wallet holds some of Alameda\u2019s most valuable NFTs, including the Otherdeed land titles and two Mutant Ape Yacht Club (MAYC) NFTs worth roughly $50,000 in combined value. Larry Cermak\u2019s Alameda address list highlights approximately 29 different Ethereum addresses. Furthermore, Arkham Intelligence data indicates that there are 68 addresses tied to the quantitative trading platform Alameda Research<\/a>.<\/p>\n

Out of the large swath of Alameda addresses, a decent handful of the wallets own NFTs. Most of these wallets are assumed to be controlled by the FTX bankruptcy team<\/a> and liquidators. Just in tokens alone, Alameda\u2019s 68 tethered Ethereum-based wallets indicate a net value of around $189.12 million.<\/p>\n

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\nTags in this story
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Alameda Research<\/a>, Art Blocks Curated<\/a>, Bankruptcy<\/a>, Blockchain<\/a>, Blue-Chip NFTS<\/a>, controversy<\/a>, crypto assets<\/a>, crypto-art<\/a>, cryptopunks<\/a>, Digital Assets<\/a>, Digital Collectibles<\/a>, Digital Identity<\/a>, digital ownership<\/a>, digital rights<\/a>, ENS<\/a>, ERC1155<\/a>, ERC721<\/a>, Ethereum<\/a>, Ethereum Name Service<\/a>, ftx<\/a>, Land NFTs<\/a>, liquid assets<\/a>, Meebits<\/a>, Metaverse<\/a>, NFT marketplace<\/a>, NFTs<\/a>, Non-fungible tokens<\/a>, Otherdeeds<\/a>, Ownership<\/a>, quantitative trading<\/a>, Scarcity<\/a>, Securities<\/a>, tokenization<\/a>, Value<\/a>, virtual goods<\/a>, Virtual Worlds<\/a>, Wallet<\/a><\/div>\n<\/div>\n

What do you think about Alameda\u2019s involvement in the NFT and ENS name markets? Let us know what you think about this subject in the comments section below.<\/strong><\/em><\/p>\n

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\nJamie Redman <\/h6>\n

\nJamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

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Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons, Editorial credit: Arkham Intelligence visualization, Dune Analytics, dappradar.com, <\/em><\/p>\n

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Disclaimer<\/strong>: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com<\/a> does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.<\/p>\n<\/div>\n

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