4/10/2023 0 Comments Hack wechat using idUsers posting on Twitter and in the official FTX Telegram chat group said the company’s home page, FTX.com, was down. It couldn’t have come at a worse time, either, with prices taking record tumbles for most of the past year. Users have been unable to withdraw funds amid signs they may never see their money again.įTX’s sudden downfall, and the surrounding accusations of collusion and dishonesty, have obliterated trust in some of the digital asset trading industry’s biggest names. Despite assurances from CEO Sam Bankman-Fried (aka “SBF”) that funds in the U.S.-licensed subsidiary FTX.US were safe, that entity was also included in the filing. Observers noticed on-chain records showing “hundreds of millions of dollars” worth of digital assets began leaving the company’s wallets late on Friday night.įTX filed for Chapter 11 bankruptcy protection in the United States on Friday after experiencing a severe liquidity crisis. Traders already on edge after FTX’s dramatic implosion this week were rocked again today by signs the exchange had been hacked.
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