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International Business Times
International Business Times
Business
Marvie Basilan

US Government-Linked Wallet Converts Seized Alameda $ANT To $ETH Ahead Of AragonDAO Deadline

Sam Bankman-Fried co-founded Alameda Research, a hedge fund and sister company of FTX. (Credit: AFP)

KEY POINTS

  • $ANT holders have until Saturday to redeem their tokens for Ethereum
  • The U.S. government-linked wallet still has over $920,000 in various tokens
  • Alameda Research is FTX's sister company that also crumbled when FTX collapsed

A digital wallet linked to the U.S. government that held assets seized from defunct hedge fund Alameda Research sold thousands of ANT tokens for Ethereum (ETH) ahead of the redemption deadline set by AragonDAO.

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