In the middle of last year, $stETH experienced a depegging crisis. Six months later, Alameda/SBF was again accused of being associated with the address that sold $stETH at that time.
Celsius was exposed on June 6, 2022 that it had lost more than $70 million in the theft of the custody platform Stakehound a year ago, so Celsius users began to run for redemption. However, Celsius could not meet the redemption demand because 73% of Celsius' $ETH was locked in $stETH or ETH2 Staking, so Celsius was forced to sell its $stETH on the secondary market Curve. Then a whale withdrew nearly 50,000 $stETH on June 8, further exacerbating market panic. Four days after the whale sold $stETH, Celsius announced that it would stop withdrawals.
Today, PeckShieldAlert tweeted that it had monitored 3 unknown wallets that withdrew 63,860 $stETH (about $90 million) from FTX during May and June last year, and exchanged them for $ETH, and then transferred them to FTX when the $stETH/$ETH price fell to a low point. At the same time, on June 11, 2022, two addresses withdrew 49,000 $stETH from FTX and exchanged them for 42,000 $ETH, which were then transferred to FTX.
Meanwhile, Coinbase product manager Conor Grogan tweeted that Alameda played a key role in last year's $stETH depegging incident. Although there was not enough on-chain evidence at the time to show that the addresses that withdrew $stETH were related to Alameda/SBF, these addresses all sent $ETH and $stETH to FTX estate in January this year. Therefore, it is certain that Alameda/SBF owns them.
Interestingly, Zhu Su, the founder of the bankrupt Three Arrows Capital, stated in a tweet on January 3 that DCG and FTX conspired to attack $stETH and achieved considerable success.
