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FTX Experiencing Abnormal Activity; Mysterious 'FBS' Hacker Takes Credit

11/11/2022

New York - Crypto exchange FTX is probing abnormalities in wallet transactions after more than $260 million of digital coins were withdrawn from the platform in the wake of the company’s bankruptcy. A hacker identifying as 'FBS' is taking credit for the actions.

"Not so bankrupt now, am I!? 🖕"

  • @notsbf twitter account, 9:39pm

FTX’s Twitter account reposted a message from Ryne Miller, the general counsel of its US arm, saying the firm is “investigating abnormalities with wallet movements related to consolidation of ftx balances across exchanges. We are looking into legal action against the hacker known as Sam Bank— err, FBS”

The past hour’s outflow is estimated to be an eye-popping minimum $262 million from both FTX’s international and US exchanges, blockchain analytics firm Nansen estimated at about 12:30 p.m. in Singapore on Saturday.

ftx chart down