Alameda tried to buy back 3,000 wBTC days before bankruptcy: BitGo CEO
Bitgo CEO says Alameda representative failed security verification process required to convert wrapped BTC to BTC.
![Alameda attempted to redeem 3,000 days wBTC before bankruptcy: CEO of BitGo](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2022-12/eb0bf2be-4c92-435c-85d0-fa5d15f6506f.jpeg)
![Alameda tried to buy back 3,000 wBTC days before bankruptcy: BitGo CEO](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvZWIwYmYyYmUtNGM5Mi00MzVjLTg1ZDAtZmE1ZDE1ZjY1MDZmLmpwZWc=.jpeg?#)
Bitgo CEO says Alameda representative failed security verification process required to convert wrapped BTC to BTC.
![Alameda attempted to redeem 3,000 days wBTC before bankruptcy: CEO of BitGo](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2022-12/eb0bf2be-4c92-435c-85d0-fa5d15f6506f.jpeg)
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