Beleaguered crypto exchange FTX on Sunday admitted that «unauthorised transactions» have drained hundreds of millions of dollars from its wallets, saying the company has moved many digital assets to a new «cold wallet custodian».
Beleaguered crypto exchange FTX on Sunday admitted that «unauthorised transactions» have drained hundreds of millions of dollars from its wallets, saying the company has moved many digital assets to a new «cold wallet custodian».
FTX, which last week filed for bankruptcy in the US, did not reveal how much it lost in unauthorised transactions but reports claimed the amount could be as high as $600 million.
