Alameda tried to redeem 3,000 wBTC days before bankruptcy: BitGo CEO
The CEO of Bitgo stated that the Alameda representative failed the security verification process required to convert wrapped-BTC into BTC.
Post from: Cointelegraph.com News
Tags: Alameda Research, Wrapped Tokens, Wrapped Bitcoin, Mint, Burn, Bitgo, Ren, Kyber, Mike Belshe, Chris Blec, Arkham Intelligence, Etherscan, wBTC DAO, Smart Contracts, Decentralized Applications