This week on Crypto Twitter: Did SBF move money? Man Utd NFTs under fire. Eisenberg Arrested!

This week on Crypto Twitter: Did SBF move money?  Man Utd NFTs under fire.  Eisenberg Arrested!

Illustration by Mitchell Preffer for Decrypt

Markets were the main thing frozen this weekwith most of the leading cryptocurrencies seeing very little price movement towards the end of the year, apart from the unlucky few – notably Solana and Dogecoin, which saw double-digit percentage drops.

It was another week with relatively few adoption moves or crypto send-offs from Washington. The industry has all its eyes on the courtroom saga about FTX’s disclosure. But there were still enough newsworthy moments to please Crypto Twitter.

On Tuesday came the news of the arrest of Avraham Eisenberg, a New Yorker who allegedly did it milked millions from crypto exploits.

Eisenberg’s name came up again in October when he stole over 100 million dollars from crypto trading platform Mango Markets, returned $67 million of it, and (at the time) got away with it, claiming his actions were in the best interest of depositors, perfectly legal and backed by a larger organization behind him.

Meanwhile, the widow of Hal Finney, an early Bitcoin contributor and recipient of the first transaction on the network, announced a Bitcoin-themed fundraising marathon to raise money for research into ALS, the neurodegenerative disease that killed Finney back in 2014.

A disgruntled investor in crypto investment firm Multicoin Capital shared a letter they had received that should have actually been sent back in November, when the FTX crisis started. Multicoin appears to have been heavily impacted by both direct and indirect exposure to FTX, particularly its whale-sized supply of Solana (SOL).

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Due to Solana’s strong ties to FTX, SOL has been in freefall for the past two months; it only hit a two year low while struggling to stay above the $10 support level.

Vitalik Buterin on Thursday tweeted his support for Solana’s community of deeply disappointed developers and fans.

On Tuesday, eagle-eyed NFT enthusiast @ClownVamp spotted what looks like outright plagiarism in Manchester United’s new Tezos-based NFT collection. ClownVamp tweeted their compelling evidence in a thread.

The next day, a fan-made South Park spoof of FTX and its disgraced former CEO made the rounds on CT.

Finally, on Friday, on-chain scouts like @ZachXBT noticed that seven-figure funds from wallets linked to Alameda Research was moved through transactional privacy mixers.

Sam Bankman-Fried (SBF) was quick to deny any involvement, but Twitter was quick to roast him.

ONEit was you, everyone…

Sam returned online an hour later to deliver a follow-up offering advice to regulators. That seems unlikely to happen while he faces eight counts of criminal fraud, but anything is possible in crypto.

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