Crypto exchange Kraken has identified the hacker.
FTX’s remaining assets have been moved to cold storage.
News of the hack comes after FTX filed for bankruptcy on November 11th.
FTX funds stolen post bankruptcy
Making matters worse in the FTX mess is the news of theft from the remaining funds of FTX customers. According to Hacken CEO and co-founder Dyma Budorin, a hacker stole over $450 million from FTX hot wallets.
A former insider is suspected to be behind the theft. Kraken claims to have identified the hacker when the stolen funds were transferred on the Kraken exchange via a verified personal account. The hacker transferred the funds in Tether (USDT) on the Tron blockchain.
As of now, Tether and cryptocurrency brokerage service Paxos have blacklisted the assets associated with the hacker.
According to Ryne Miller, general counsel for FTX US, all assets of FTX US and FTX.com had been transferred to cold storage for safety from such attacks. Miller tweeted about the move on Saturda
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