The collapse of the FTX exchange has been received by shock amongst crypto users and industry experts. A recent news update has revealed that the FTX exchange was compromised by hackers.
FTX Telegram admin gave the report on Telegram while warning customers not to open the FTX website because it has been hijacked by scammers. The admin initially stated that funds were removed from the website, but that statement has been retrieved. The admin, however, hinted that some funds were retrieved.
Rynes Miller, a General Counsel at FTX.US has commented following the alleged hack on the FTX exchange.
He stated on Twitter that the examination of unusual wallet movement patterns associated with the consolidation of foreign exchange accounts across exchanges is uncertain because facts as regards moves are not clear. He, however, promised to share more information if anything surfaces.
While there is not much information on the current…
