Analysts say about $662 million in tokens mysteriously flowed out of both FTX’s international and US exchanges.
FTX had begun moving some of its assets to offline wallets, and later expedited those moves “to mitigate damage upon observing unauthorized transactions,” according to the US platform’s general counsel Ryne Miller.
Matrixport had 79 clients that incurred losses via exposure to three products on its platform that were linked to FTX, Gan said.Crypto exchange Kraken said it has frozen Kraken account access to certain funds it suspects to be associated with “fraud, negligence or misconduct” related to FTX.it’s in contact with law enforcement and plans to resolve each account on a case-by-case basis.
Jump Crypto, a cryptocurrency trading firm, told customers on Saturday it remains “well capitalized” after exposure to FTX. In a series of tweets, Jump said its exposure was “managed in accordance with our risk framework.” The company, which filed for bankruptcy this week, said it is cooperating and coordinating with “law enforcement and relevant regulators.”FTX Trading held $900 million in liquid assets against $9 billion of liabilities the day before the bankruptcy filing, the Financial Times reported, citing investment materials and a spreadsheet the newspaper had seen.
The perpetrator moved some funds from a Kraken account to the wallet they were using to hold some stolen tokens on Saturday, blockchain security firm Hacken.io said, citing transaction data.
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