Related: FTX to submit revised reorganization plan in mid-December The funds' movement dates back to March when FTX and Alameda began recovering assets for investors. At the time, three wallets associated with FTX and Alameda Research moved $145 million worth of stablecoins to various platforms, including Coinbase, Binance and Kraken. Of the total, $69.64 million in Tether ( USDT ) was moved to custodial wallets on crypto exchanges, while the remaining $75.94 million in USD Coin ( USDC ) was transferred to a Coinbase custodial wallet.