FTX says that it examines abnormal transactions after a possible hack

ftx examines abnormal transactions because analysts said that assets were deducted with hundreds of millions of dollars, which was a new blow for the crypto empire of Sam Bankman-Fried after his collapse into bankruptcy.

Ryne Miller, General Counsel of the company, said on Saturday that FTX "examines anomalies in wallet movements in connection with the consolidation of FTX oaldes between stock exchanges".

According to Nansen, a blockchain analysis group based in Singapore, the drainage from the international stock exchange and its US counterpart in the last 24 hours will be a total of $ 339 million.

The announcements fueled fears that FTX had been hacked when the employees raced for the securing of billions of digital tokens, which are ultimately used to repay creditors in insolvency proceedings in the cryptocurrency group, which were recently estimated at $ 32 billion.

TOKEN theft could deepen the losses for customers and creditors from FTX, which was one of the largest stock exchanges for digital assets up to this week, but applied for insolvency protection on Friday in the USA after it could not withstand a wave of customer withdrawals.

"According to the insolvency applications according to Chapter 11, FTX US and FTX.com initiated precautionary steps to move all digital assets there [offline] storage. The process was accelerated [friday] evening-to reduce damage in the observation of non-authorized transactions," said Miller in tweets, which were later divided by the FTX main account.

Miller rejected another statement.

The concern about a possible hack was reinforced after an administrator of the Telegram support group for FTX explained: "FTX was hacked" and the users had warned of the FTX website and the apps.

ftx was not only widespread by do-it-yourself dealers, but also by hedge funds and other demanding digital asset players. Galois Capital, a hedge fund whose founder is attributed to discovered the collapse of the cryptocurrency Luna at the beginning of this year, told investors this week that almost half of his assets were caught on FTX.

Genesis, a well-known crypto trade company, has blocked around $ 175 million on his FTX account, the company said.

Bankman-Fried resigned on Friday as Chief Executive from FTX after involved the stock exchange together with his retail company Alameda and 130 connected companies in a chapter 11 process in Delaware.

The 30-year-old entrepreneur, once one of the most respected personalities in the field of digital assets with close connections to the legislator in Washington, is replaced by John J Ray, a restructuring specialist who supervised the insolvency cases of Enron and Nortel Networks.

ray said on Friday that the FTX Group "has valuable assets that can only be managed effectively in an organized, common process".

A loss of assets that are due to the creditors would be an early setback for the team, which monitors the extensive bankruptcy, which, according to documents, will affect at least $ 50 billion in assets and liabilities and 100,000 creditors.

According to a person familiar with the matter, the US Securities and Exchange Commission also examines FTX, including the cryptocurrency credit products of the platform and the management of customer money.