9 hours ago, the institution that purchased $1.15 million worth of LPT through FalconX three weeks ago transferred all LPT to arb across chains, suspected of entrusting operations to obtain 40% of the income.

In addition, 2 hours ago, the suspected Arrington XRP Capital address withdrew $94 million worth of LPT from Binance.

Arrington Capital is a digital asset management company that focuses on blockchain-based capital markets. Founded in 2017 by Michael Arrington, founder of TechCrunch and CrunchBase, and Heather Harde, CEO of TechCrunch, it manages more than $1 billion in assets and has invested in hundreds of startups around the world. Arrington Capital is an experienced international team composed of Silicon Valley veterans and operators with rich venture capital experience and crypto-native roots. Arrington XRP Capital is the first fund founded by Arrington Capital, and in recent years Arrington Capital has developed into more funds.

$LPT