FTX, Alameda address sells 6.94M DRIFT for $320K after hack

An address believed to belong to FTX and Alameda Research sold 6.94 million DRIFT, worth approximately $320,000, through Wintermute following the recent $285 million hack of the Drift protocol, EmberCN reported. Alameda had previously acquired 8.83 million DRIFT a year ago through a vesting schedule, with the tokens valued at $6.22 million at the time.