FTX CEO John Ray Confirms Late-Night Hack, Says Company Is Working With Law Enforcement

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

New FTX_Official CEO John Ray said the company is “in contact with, and are coordinating with law enforcement and relevant regulators” after last night’s hack. cheyenneligon reports

‘FTX Has Been Hacked’: Crypto Disaster Worsens as Exchange Sees Mysterious Outflows Exceeding $600M

After the hack began around 10 p.m. EST on Friday night, wallets appearing to belong to FTX began moving assets, which Miller said was the exchange taking “precautionary steps…to mitigate damage upon observing unauthorized transactions.” Ray confirmed Miller’s statement, adding that FTX is “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.”

According to Ray, the company’s executives have been “in contact with, and are coordinating with law enforcement and relevant regulators” following the hack.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

FTX_Official cheyenneligon The Hacker is Inexperienced because he ran out of Gas to transfer....🤣🤣

FTX_Official cheyenneligon They need a month to make shit up

FTX_Official cheyenneligon FTX UK website is down. Showing I have 0 funds available and nothing will load. App shows I have $2500 (Used to be $5000) and its showing in FTT! It should be in USD! Nothings working. Do I have a chance of getting anything back from this? Gone!

FTX_Official cheyenneligon Hack huh lol?

FTX_Official cheyenneligon FTX has a built in backdoor and now they have been hacked

FTX_Official cheyenneligon SBF_FTX should be in cuffs until all the funds are accountable

FTX_Official cheyenneligon Ye warned you

FTX_Official cheyenneligon More rewards to be earned when you complete your daily task $XEP XEP🧿 ElectraProtocol

FTX_Official cheyenneligon Theyy don’t want you to know thiss

FTX_Official cheyenneligon Hopefully this 'hack' is not just a front to hide what truly happened behind the scenes.

FTX_Official cheyenneligon Millions being moved last night on whale watch .. hack my ass

FTX_Official cheyenneligon What the Hack are you kidding 🤣🤣

FTX_Official cheyenneligon

FTX_Official cheyenneligon Almeda will buy it for $22 if Binance sells it. Just like that,🙄

FTX_Official cheyenneligon whos john ray? former FTX janitor?

FTX_Official cheyenneligon Who believes this shit? Seriously, it was gambling with user funds. And this 'hack' is just to divert eyes from the actual cause; Backdoors created by SBF_FTX himself to transfer funds without a trace.

FTX_Official cheyenneligon Cryptocurrency -- kleptocurrency lol

FTX_Official cheyenneligon Sam was a democrat. Had the 2nd largest donation to the Democratic Party. That donation was YOUR money. Funny how this all comes out AFTER the elections…

FTX_Official cheyenneligon The fake news of hacking is, in my opinion, a way to a way to divert the investigation....

FTX_Official cheyenneligon FTX is dead 📉 FTXbankruptcy

FTX_Official cheyenneligon Ahahahhaah clown

FTX_Official cheyenneligon How about GG and Democrats? Are they cooperating as well? You know...since they were part of it.

FTX_Official cheyenneligon “Hack” 😒

FTX_Official cheyenneligon Fraud ftx 😭😭😭😭 i lost everything in my life

FTX_Official cheyenneligon

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FTX's U.S. business is in troubleFTX US is separate from FTX, but its fate is likely to be equal.
Source: axios - 🏆 302. / 63 Read more »