“All funds seem to be gone,” FTX official channel admin claimed the crypto exchange had been hacked
Late on Friday, more than $600 million in cryptocurrency vanished from the wallets of the defunct cryptocurrency corporation FTX, with no apparent reason given. Soon after, FTX announced that it had been hacked in its official Telegram channel and advised users not to install any new updates and to delete all FTX apps.
FTX Telegram admin claims exchange hacked, website and mobile app compromised
An administrator in FTX’s official Telegram channel stated the troubled cryptocurrency exchange may have stolen all of its cash in a hack. On Friday, a message read: “FTX has been hacked. All funds seem to be gone.” The latter claim has since been deleted, but the news continues to say that “some funds were retrieved.”
“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. Miller tweeted earlier in the evening that he was “investigating abnormalities with wallet movements related to consolidation of ftx balances across exchanges.”
Investigating abnormalities with wallet movements related to consolidation of ftx balances across exchanges – unclear facts as other movements not clear. Will share more info as soon as we have it. @FTX_Official
— Ryne Miller (@_Ryne_Miller) November 12, 2022
The admin further asserted that the FTX website and mobile app were infected, allowing malware and Trojan viruses to be downloaded onto users’ devices. The Solana and Binance Smart Chain tokens and numerous Ethereum tokens have left FTX’s official wallets and relocated to decentralized exchanges like 1inch. It appears that both FTX and FTX US are impacted.
This follows news that more than $400 million was drained from FTX accounts to a single wallet address. So far, over $400 million has been transferred to a single wallet address. The wallet has acquired tens of millions of dollars worth of several types of tokens by draining FTX accounts and began selling tokens that it received from FTX.
FTX’s collapse roiled the crypto world this week, culminating in the firm filing for Chapter 11 bankruptcy protection and with the ouster of CEO Sam Bankman-Fried.
Read more:
- Sam Bankman-Fried Was Arrested At The Bahamas Airport?
- FTX Is Filing For Bankruptcy, Sam Bankman-Fried Is Bowing Out Following Its Liquidity Crunch