Over $650 million were ‘hacked’ from FTX, Crypto Twitter says it’s an inside job

FlavienNovember 12, 2022

Less than a minute

Over $650 million were ‘hacked’ from FTX, Crypto Twitter says it’s an inside job

After the bankruptcy filing, over $650 million were withdrawn from the exchange in a hack.
Theories appeared then on Twitter, saying that it was an inside job. Revelations of a backdoor used by Sam Bankman-Fried to freely move funds were also made.
Kraken Exchange CSO Nick Percoco took to Twitter to say that they had identified the user concerned by the hack.

Stay ahead of the game with our Crypto News.
Boost your knowledge about Crypto with our Crypto Encyclopedia.

Flavien

Greetings, I go by the name of Flavien - a devoted supporter of cryptocurrency and a tech aficionado who has been keeping track of the developments in the world of blockchain and digital currencies since 2019. The potential of decentralized digital currencies to revolutionize our financial systems has captivated me, and I'm constantly exploring the most recent trends and advancements in this ever-evolving industry. As a content creator for Krypto Channel, my aim is to deliver informative and engaging articles that shed light on all aspects of the crypto world. Whether you're a seasoned investor or simply curious about blockchain technology, I am here to keep you updated on the latest happenings and trends. Being part of this lively and dynamic community is an honor, and I am thrilled to share my passion for cryptocurrency and blockchain with all of you.