Chainalysis In search of FTX hackers
Chainalysis In search of FTX hackers
About FTX
About FTX
FTX is one of the leading cryptocurrency exchanges in the world. Infact, by volume FTX was the second largest exchange after Binance sometime back.
Founder of FTX
Founder of FTX
Sam Bankman-Fried is the founder of FTX. He's also the founder of Alameda Research, the investment arm of FTX.
The Bankruptcy
The Bankruptcy
Acc. to a statement released by Sam, FTX requires over $8 billion to overcome bankruptcy. It has filed for bankruptcy.
FTX Exchange hacked
FTX Exchange hacked
Admin of FTX Telegram group revealed that FTX was hacked. There's no further
update from the team.
Total Damage
Total Damage
$663 million worth of cryptocurrency has been drained from the exchange
after FTX filed for bankruptcy.
The Actual Heist
The Actual Heist
Blockchain analysis Elliptic stated that $477 million stoled by the hackers to unknown wallets & remaining by FTX to
its cold storage wallets.
Cannot take the money
Cannot take the money
Blockchain analysis firms assured that hackers won't be able to take money out of the exchanges even if they use mixers.
What Chainalysis say
What Chainalysis say
Chainalysis is working with new FTX team & tracking down the funds movement. It has also informed exchanges to stop the hackers from cashing out.
Hacker making the move
Hacker making the move
The hacker has converted ETH to BTC and probably mixing funds before cashing them out from an exchange.
Also Read:
Also Read:
1..
Play & Earn $BUSD
1.
.
Play & Earn $BUSD
2..
FTX defrauded users
2.
.
FTX defrauded users
3..
FTX vs Tornado Cash
3.
.
FTX vs Tornado Cash
We're on You Tube
Find the best Crypto content only on
Katoch Tubes