FTX victim of a massive hack: 400 million stolen, site and application compromised

The black streak continues for the FTX crypto platform. Employees have just announced that the platform was supposedly the victim of a hack overnight. 400 million dollars have already been embezzled.

FTX hack

It’s a never-ending nightmare for users of the FTX platform, currently in an already advanced state of decay, but also for the entire crypto industry. New step in the disaster: the exchange would have been the victim of a massive hack of nearly 400 million dollars of various assets.

During the night, various accounts specializing in cybersecurity alerted: suspicious flows were coming out of FTX wallets to be dispersed on various networks and be partly converted there into stablecoins.

Disturbing detail reported by the ZachXBT account, internal sources at the company indicated that they knew nothing of the said movements.

Around 6:30 a.m. French time, the ax fell: it is indeed a hack of which the platform would currently be the victim, according to community leaders on Telegram.

Note in passing that the FTX site and applications (including Blockfolio) should be considered compromised: do not update them, do not use them, or even delete them if necessary.

The time will soon come to question this very timely hack, in the midst of a historic stampede, even as FTX has just filed for Chapter 11 protection in bankruptcy court. For now, exercise the utmost caution.

Hacks are unfortunate hazards, but not inevitable. Need peace of mind for your cryptos? Register quickly on the Binance platformTHE absolute benchmark in the sector (commercial link).

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