Cobie: Users Selling NFT for Money Transfers via FTX NFT Marketplace

Crypto KOL Cobie tweeted that a Bahamas account withdrawing FTX user's funds for them.

They are likely bypassing the internal balance transfers block by selling NFTs on FTX's NFT marketplace. For example, Bahamas account creates an NFT, the stuck user buys the NFT with their full balance. So as to realize fund transfer.

Source

FTX

NFT

Marketplace

Related News
Sony’s Soneium debuts its first music NFT collection with crypto record label Sony’s Soneium debuts its first music NFT collection with crypto record label
Arbitrum, Azuki-backed Animecoin unveils tokenomics with over 50% community allocation Arbitrum, Azuki-backed Animecoin unveils tokenomics with over 50% community allocation
Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more
XRP becomes world's third-largest crypto, overtakes Tether’s USDT in market cap XRP becomes world's third-largest crypto, overtakes Tether’s USDT in market cap
Trump’s fourth NFT collection logs sales over $2 million, not tradable on secondary markets until 2025 Trump’s fourth NFT collection logs sales over $2 million, not tradable on secondary markets until 2025
Latest News More More
3 Days Ago Argentine prosecutor seeks to freeze $110 million in proceeds tied to Libra memecoin scandal: report
3 Days Ago Mt. Gox moves over $1 billion worth of bitcoin to unmarked address: Arkham
4 Days Ago Ethereum devs activate Pectra upgrade on Sepolia testnet in last phase before mainnet rollout
4 Days Ago Binance Records $3.97B Weekly Inflows
4 Days Ago MEXC Partners With Hacken to Increase Security Standards
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open