FTX Possibly Hacked (Millions Missing)

( image source )

Heads up. It appears FTX is not only in solvency trouble, but they have now possibly been hacked.

People are recommending deleting the app.

News is still hard to pin down, so don't take my word for it. Give it some research.

A couple of articles:

CoinDesk: FTX Faces Potential Hack, Sees Mysterious Outflows Totaling More than $600M

https://www.coindesk.com/business/2022/11/12/ftx-crypto-wallets-see-mysterious-late-night-outflows-totalling-more-than-380m/

Reuters: Exclusive: At least $1 billion of client funds missing at failed crypto firm FTX – sources

https://www.reuters.com/markets/currencies/exclusive-least-1-billion-client-funds-missing-failed-crypto-firm-ftx-sources-2022-11-12/

Be well.
LionSuit.com
(words are original, image is from pixabay, i'm not a financial advisor, this is not financial advice)
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