Acknowledging a recent hack scare, FTX's leadership says the firm is moving funds to cold custody and working with law enforcement.
FTX had only $900 million in liquid assets against $8.9 billion in liabilities on the eve of bankruptcy, according to a new report.
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FTX CEO John Ray Confirms Late-Night Hack, Says Company Is Working With Law EnforcementNew FTX_Official CEO John Ray said the company is “in contact with, and are coordinating with law enforcement and relevant regulators” after last night’s hack. cheyenneligon reports
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FTX's U.S. business is in troubleFTX US is separate from FTX, but its fate is likely to be equal.
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FTX says it is investigating 'unauthorized transactions'Collapsed crypto exchange FTX said on Saturday it was moving funds into offline storage following a series of 'unauthorized transactions', with analysts saying millions of dollars worth of assets had been withdrawn from the platform.
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