FTX Says It’s Been Hacked As $383,000,000 in Crypto Appears To Exit Crumbling Exchange

The crumbling crypto exchange FTX says it’s been hacked.

After a flood of users began reporting sudden $0 balances and traders tracked millions of dollars appearing to exit the exchange, FTX general counsel Ryne Miller released a statement on the company’s Telegram channel.

“FTX has been hacked. Chat is open. Don’t go to FTX site as it might download Trojans. Note that some funds were retrieved.”

Miller also released a statement on Twitter.

“Investigating abnormalities with wallet movements related to consolidation of ftx balances across exchanges – unclear facts as other movements not clear. Will share more info as soon as we have it.”

So far, on-chain analyst ZachXBT pinned the amount of crypto on the move at $383 million.

Multiple former FTX employees confirmed to me they do not recognize these transfers for ~$383m https://t.co/YcqT0jrqIQ

— ZachXBT (@zachxbt) November 12, 2022

ZachXBT also says stablecoin issuer Tether has blacklisted portions of USDT related to the address involved in the transfers, which Etherscan has now labeled as “FTX Accounts Drainer.”

Breaking: $3.9m USDT on AVAX and $27.5m USDT on SOL of the FTX attacker’s has been blacklisted by Tether pic.twitter.com/SGciBaS6QQ

— ZachXBT (@zachxbt) November 12, 2022

FTX also tells its users that all of its apps are infected with Malware.

“FTX apps are malware. Delete them. Chat is open. Don’t go on FTX site as it might download Trojans.”

At time of publishing, users are also reporting an inability to log onto the web-based version of FTX.

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Featured Image: Shutterstock/d1sk/Andy Chipus