Trading Bankrupt Cryptocurrency FTXMultiple media outlets reported that they are investigating a hack involving hundreds million dollars in cryptocurrency funds.
The company’s general lawyer tweeted a statement Saturday by the newly-appointed CEO of FTX stating that “unauthorized acces to certain assets” had occurred and that FTX had contacted law enforcement. mentioned.
Although the exact value of the missing crypto funds remains unknown, different sources report different numbers. However, a number reports cited Elliptic, a cryptocurrency research firm. The oval clock had stopped working on Saturday night. MailAround $500 million is the potential for theft.
According to the newspaper, it’s not clear what happened.
The publication stated that major theft would make it difficult for FTX and other creditors to refund clients and other creditors who had already lost billions of money in the collapse of the company.
FTX didn’t respond to a request Saturday for comment about the apparent lack of funds. The Times stated that Sam Bankman Fred, former CEO of stock exchanges, said via text message that he was in the process of reorganizing the bankruptcy team.
FTX has filed for bankruptcy protectionAfter questioning its stability, the exchange closed down Friday. The Wall Street Journal reported that the exchange was one of the largest players in the cryptocurrency market. pointedHowever, the crash has raised questions about cryptocurrency and made customers wonder if they will ever be able to get their money back.
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