Officials at the crypto giant FTX have moved all digital assets offline as they investigate possible theft of crypto assets following their bankruptcy filing, their general counsel says.
Officials at the crypto giant FTX have moved all digital assets offline as they investigate possible theft of crypto assets following their bankruptcy filing, their general counsel announced late Friday.
That followed an earlier tweet from Miller that said officials were"investigating abnormalities with wallet movements related to consolidation of ftx balances across exchanges — unclear facts as other movements not clear."Blockchain analytics firm Elliptic said that around $473 million worth of cryptoassets were “moved out of FTX wallets in suspicious circumstances early this morning,” but that it could not confirm that the tokens had been stolen.
“FTX has been hacked,” an account administrator in the FTX Support Telegram channel wrote in a message, according to CoinDesk.The distressed crypto trading platform had struggled to raise billions to stave off collapse as traders
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