Beleaguered trading platform FTX that went bust has claimed it was hacked and lost hundreds of millions of dollars soon after it filed for bankruptcy on Friday.
The mystery heightened after FTX stated in its official Telegram channel that $600 million has been siphoned from FTX’s crypto wallets late Friday. It then urged users not to install any new upgrades and that they must delete all FTX apps.
“Don’t go on FTX site as it might download Trojans,” wrote, the account administrator in the FTX Support Telegram chat, and the message was pinned by Ryne Miller, FTX General Counsel.
Later, Miller tweeted that FTX US and FTX.com are in the process of moving all digital assets to cold storage because of the Friday bankruptcy petition. Meanwhile, Kraken Exchange claimed it was able to track down the identity of the “FTX hacker.”
Kraken Exchange CSO, Nick Percoco, said on Twitter the hacker’s identity has been discovered. He tweeted in response to Mario Nawfal that the Kraken team now knows the identity of the user that hacked FTX.
CEO of IBCgroup.io, Mario Nawfal tweeted that “the hacker is very likely an inexperienced insider” and cited some reasons for it.
Satoshi Stacker, crypto/NFT proponent, noted that the FTX “Hacker” just funded his TRX wallet from Kraken. Noting the hacker used Kraken throughout the hack to offload the stolen funds, he said the Know-Your-Customer (KYC) details are sufficient for the Kraken team to track down the user.
CEO and Co-founder of Hacken.io, Dyma Budorin, also said the “insider is behind the FTX rug pull/exit scam” is evident from the hacker’s incompetency.
Late on Friday evening, it was also confirmed a total of around $10 billion has been moved out of FTX to Alameda Research by FTX founder Sam Bankman-Fried.
