FTX reportedly hacked as officials flag abnormal wallet activity

FTX reportedly hacked as officials flag abnormal wallet activity


Collapsed cryptocurrency exchange FTX reportedly faced a series of unauthorized transactions over the weekend, prompting several warnings from users and analysts against interacting with its mobile app or website. 

Wallets associated with FTX saw roughly $266.3 million worth of outflows on Nov. 11, according to analytics firm Nansen. FTX US, a separate entity operating in the United States, was reportedly drained of $73.4 million.

$266M has been withdrawn from FTX in the last 24 hours

$73M from FTX US pic.twitter.com/qoiroPSegq

Trending: THE JIG IS UP! The Secret Sauce Behind How They Steal Elections Has FINALLY Been Revealed…It’s All HERE!

— Nansen (@nansen_ai) November 12, 2022

The magnitude of the alleged attack appears to have intensified overnight, with net outflows from FTX and FTX US totaling $659 million, according to Nansen data journalist Martin Lee. That represents roughly one-third of the wallets’ net outflows over the past seven days.

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Daily Truth Report • DailyTruthReport.com
Thanks for sharing!
Send this to a friend