U.S. reportedly investigating how $370-million vanished in alleged hack after FTX bankruptcy

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U.S. reportedly investigating how $370-million vanished in alleged hack after FTX bankruptcy
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The criminal probe into the stolen assets, launched by the Department of Justice, is separate from the fraud case against FTX co-founder Sam Bankman-Fried, Bloomberg News reported

Federal prosecutors are investigating an alleged cybercrime that drained more than $370-million from crypto exchange FTX hours after it filed for bankruptcy, Bloomberg News reported on Tuesday citing a person familiar with the case.

FTX filed for U.S. bankruptcy last month and Bankman-Fried stepped down as chief executive, after traders pulled billions from the platform in three days and rival exchange Binance abandoned a rescue deal.

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