Cryptocurrency exchange FTX came to the fore with hacking allegations. After millions of dollars of funds were withdrawn from FTX, many users began to wonder what was behind the transaction. Some officials made a statement on the subject. In addition, Tether announced that it has blacklisted wallets containing stolen USDT. On the other hand, an announcement came from FTX Turkey. Here are the details…
FTX funds on the move
Transaction mobility in FTX has users worried. cryptocoin.com As we reported, the admin of the official community channel of FTX on Telegram said that FTX was hacked. It was also stated that stock market applications are most likely to be faced with malware and Trojan virus.
Making a new statement on the subject, FTXUS General Counsel Ryne Miller said that the crypto exchange moved funds after a series of “unauthorized transactions”. “Following Chapter 11 bankruptcy filings – FTX US and FTX.com have taken precautionary steps to move all crypto assets into cold storage,” Miller said. “The process was accelerated this evening – to mitigate damage upon observation of unauthorized transactions,” he added.
This comes hours after more than $600 million in cryptocurrencies were released from FTX’s wallets with little clear explanation. Many exchange wallet owners also reported seeing $0 balances on their FTX.com and FTX US wallets.
Tether has blacklisted some accounts
The wallet behind FTX’s mysterious fund movements related to crypto wallets has begun liquidating token holdings from various networks. Shortly after reports of an attack on FTX, over $12 million in Chainlink (LINK) tokens were sold. The wallet made a “earning” of just under $10 million after the transfer. Separately, the event linked to their wallet on the Polygon Blockchain showed that around 3 million MATIC tokens were sold for $2.4 million.
Stablecoin issuer Tether blocked some funds tied to the wallets of the account selling the tokens on the Avalanche and Solana networks earlier this morning. Over $3.9 million USDT on Avalanche and over $27.5 million USDT on Solana have been blacklisted by Tether.
Description from FTX TR
Finally, FTX TR, the Turkish arm of FTX, made a statement. The exchange said, “Access to FTXtr.com is not available for reasons beyond our control at the moment.” However, he stated that the users of the exchange recorded their balances and that the funds of the users were safe. On the other hand, FTX TR stated that it is making final preparations for the members’ balances to be sent to their accounts. He stated that the total balances will be sent to the IBAN addresses of the users.
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