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Crypto News
Game Over for FTX " Updated "
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<blockquote data-quote="vtqhtr413" data-source="post: 1011043" data-attributes="member: 65229"><p>'FTX Has Been Hacked': Crypto Disaster Worsens as Exchange Sees Mysterious Outflows Exceeding $600M</p><p></p><p>The collapse of FTX, already one of the most spectacular disasters in financial history, worsened as hundreds of millions of dollars were drained from the cryptocurrency exchange hours after it <a href="https://www.coindesk.com/policy/2022/11/11/ftx-files-for-bankruptcy-protections-in-us/" target="_blank">filed for bankruptcy</a>. More than $600 million was siphoned from FTX's crypto wallets late Friday. Soon after, FTX stated in its official Telegram channel that it had been compromised, instructing users not to install any new upgrades and to delete all FTX apps. "FTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on FTX site as it might download Trojans," wrote an account administrator in the FTX Support Telegram chat. The message was pinned by FTX General Counsel Ryne Miller.</p><p></p><p>Hours later, <a href="https://www.coindesk.com/business/2022/11/12/ftx-says-it-moved-remaining-funds-to-cold-wallets-to-mitigate-damage-after-unauthorized-withdrawals/" target="_blank">Miller disclosed in a tweet</a> that FTX US and FTX.com had been moving all their digital assets to cold storage because of the Friday bankruptcy. "Process was expedited this evening – to mitigate damage upon observing unauthorized transactions," he said.</p><p></p><p>[MEDIA=twitter]1591326796305530880[/MEDIA]</p><p></p><p>[URL unfurl="true"]https://www.coindesk.com/business/2022/11/12/ftx-crypto-wallets-see-mysterious-late-night-outflows-totalling-more-than-380m/[/URL]</p></blockquote><p></p>
[QUOTE="vtqhtr413, post: 1011043, member: 65229"] 'FTX Has Been Hacked': Crypto Disaster Worsens as Exchange Sees Mysterious Outflows Exceeding $600M The collapse of FTX, already one of the most spectacular disasters in financial history, worsened as hundreds of millions of dollars were drained from the cryptocurrency exchange hours after it [URL='https://www.coindesk.com/policy/2022/11/11/ftx-files-for-bankruptcy-protections-in-us/']filed for bankruptcy[/URL]. More than $600 million was siphoned from FTX's crypto wallets late Friday. Soon after, FTX stated in its official Telegram channel that it had been compromised, instructing users not to install any new upgrades and to delete all FTX apps. "FTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on FTX site as it might download Trojans," wrote an account administrator in the FTX Support Telegram chat. The message was pinned by FTX General Counsel Ryne Miller. Hours later, [URL='https://www.coindesk.com/business/2022/11/12/ftx-says-it-moved-remaining-funds-to-cold-wallets-to-mitigate-damage-after-unauthorized-withdrawals/']Miller disclosed in a tweet[/URL] that FTX US and FTX.com had been moving all their digital assets to cold storage because of the Friday bankruptcy. "Process was expedited this evening – to mitigate damage upon observing unauthorized transactions," he said. [MEDIA=twitter]1591326796305530880[/MEDIA] [URL unfurl="true"]https://www.coindesk.com/business/2022/11/12/ftx-crypto-wallets-see-mysterious-late-night-outflows-totalling-more-than-380m/[/URL] [/QUOTE]
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