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The general counsel for cryptocurrency trading company FTX announced on Saturday that the exchange is investigating unauthorized transactions.
“Following the Chapter 11 bankruptcy filings – FTX US and FTX [dot] com initiated precautionary steps to move all digital assets to cold storage,” lawyer Ryne Miller wrote on Twitter.
“Process was expedited this evening – to mitigate damage upon observing unauthorized transactions,” Miller added.
FTX filed for bankruptcy on Friday after losing $10 million in users’ deposits through affiliated trading firm Alameda Research.
