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Elon Musk, owner and the Chief Executive Officer (CEO) of Twitter, responded to the crypto journalist platform, Autism Capital’s tweet, simply with an exclamation mark, “!”.
Earlier today, Autism Capital tweeted notifying the swapping of shitcoins into BTC by the crypto trading platform Alameda Research:
ALERT: Alameda wallets are currently swapping shitcoins for BTC. They are using mixers FixedFloat and ChangeNow so seems unlikely to be liquidators. https://t.co/KAQFIO07P6
— Autism Capital 🧩 (@AutismCapital) December 28, 2022
Initially, the OXT research analyst Ergo, tweeted today:
Alameda ETH addresses are digging around in the sofa for spare change and swapping bits ERC20s for ETH/USDT.
Significantly, the crypto community turned alarmed at the possibility of the process being an effort by Sam Bankman-Fried, the ex-CEO of the fallen crypto exchange FTX, to liquidate his holdings.
On Thursday, it was reported that SBF’s bail was approved on a $250 million bond, and was permitted to live with his parents in Palo Alto, California. It is noteworthy that the bail condition created suspicion among the crypto community. One Twitter user claimed:
Funny how SBF is able to post the $250M bail not long after saying he only had $100k. So he probably is using stolen customer deposits to stay out of jail.
Responding to Ergo’s tweet, one of the tweeters commented that SBF is desperately trying to “funnel money out.” He added his concerns on why the court hasn’t denied SBF access to a computer or internet, during the bail.
Moreover, crypto analyst ZachXBT stressed that the Alameda wallet is using the mixers FixedFloat and ChangeNow, which “seems unlikely to be liquidators.”
Furthermore, there have been many comments from crypto aspirants, who found the situation quite confusing. Along with the numerous comments was the comment of Elon Musk, showing all his exclamations.