![Why Ethereum [ETH] address outflows may be headed for DeFi](https://cryptonoiz.com/wp-content/uploads/2023/03/AMBCrypto_An_image_of_a_stylized_Ethereum_logo_with_arrows_poin_22f2aeff-c7bb-4c7d-aec7-547a37a35e82-1-1000x600-360x180.jpg){kind=logo}
Rumors and speculations surrounding former FTX CEO Sam Bankman-Fried (SBF) proceed to bombard the crypto neighborhood as the consequences of the FTX collapse proceeds to be felt all through the crypto house.
One of many rumors floating round social media is that SBF filed a masterclass on buying and selling that was scheduled to drop on December. With the previous FTX CEO being the focus up to now few weeks, some neighborhood members pointed out that they have been keen to pay $500 for leaks on footage of SBF’s class on buying and selling.
RUMOR: SBF did a MasterClass on buying and selling that was set to be launched in December. It was already filmed.
— Autism Capital (@AutismCapital) November 14, 2022
Stories citing nameless sources identified that American and Bahamian authorities are speaking about flying SBF to the US for questioning. Regardless of the rumors, nameless sources have additionally claimed that nobody has been taken into custody but. Nonetheless, social media posts additionally claim that the Manhattan U.S. Lawyer’s Workplace is making ready prices towards the previous FTX CEO for defrauding clients and Bahamian authorities seized FTX Digital Markets’ property.
Apart from these, the FTX hacker who drained $288 million price of Ether (ETH) from FTX started to swap nearly $8 million price of BNB (BNB) tokens for ETH and Binance USD (BUSD). Because the hacker moved the funds, crypto neighborhood members speculated on the id of the hacker, suggesting that it could possibly be an FTX insider or SBF himself.
Associated: The FTX contagion: Which firms have been affected by the FTX collapse?
Because the FTX collapse continues to unfold its influence, rumors additionally carry on flying all through the web. Final week, rumors of SBF’s arrest and claims that workers are scrambling to promote the corporate’s property have been circulating on-line. Along with these, unconfirmed claims that workers invested and misplaced their life financial savings on the change additionally ran wild on Twitter.
In the meantime, a supply accustomed to the matter additionally not too long ago instructed Cointelegraph that the previous FTX CEO and FTX executives wish to flee to Dubai, United Arab Emirates (UAE). Nonetheless, this plan could not bear fruit as the US and the UAE signed a treaty that works towards criminals on Feb. 24, 2022.
