FTX Hack Sees Over $500 Million In User Assets Drained From Wallets

The defunct cryptocurrency exchange FTX said on Saturday that it was looking into “unauthorized transactions” made from its accounts, a day after declaring bankruptcy. According to crypto analysts, $515 million in suspicious transfers may have been the consequence of an FTX hack or theft. John J. Ray III, FTX’s newly appointed CEO, noted in a …

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Author: Alex Kanev