Embattled cryptocurrency exchange FTX has claimed that $415m worth of digital currency has been stolen by hackers. The bankrupt firm and its “affiliated debtors” announced the news to customers and stakeholders earlier this week.
They said that $5.5bn of liquid assets have been identified – including $1.7bn in cash, $3.5bn in crypto assets and $0.3bn of securities.
However, $323m in funds from FTX.com had been “subject to unauthorized third-party transfers,” while a further $90m from the FTX US exchange were taken in the same way, the statement noted.
This activity occurred after the November 11 2022 “petition date” – the date when chapter 11 bankruptcy was filed by the firm.
It’s been reported that a further $2m was taken from FTX sister firm and crypto trader/hedge fund, Alameda Research, co-founded by FTX’s Sam Bankman-Fried.
It’s unclear if the $415m loss stems from the same incident in which $477m in funds were stolen from FTX. That heist was uncovered shortly after the firm collapsed.