FTX Hacked Hours After Filing For Bankruptcy


On Saturday, FTX CEO John Ray confirmed via Twitter that FTX and FTX US were hacked. Ironically this attack happened hours after the company filed for bankruptcy protection. Overnight FTX saw potentially $515 million drained from wallets held by FTX and FTX US. In FTX’s Telegram group, an administrator also confirmed the hack. They urged users not to visit the site or update the mobile app as it might attempt to install malware on your system or mobile device. As it stands FTX’s counsel Ryne miller stated that they, “continue to make every effort to secure all assets, wherever located” and “are in the process of removing trading and withdrawal functionality and moving as many digital assets as can be identified to a new cold wallet custodian.”

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