Late on Friday evening, it has since been confirmed that a total of around $10 billion was moved from FTX to Alameda Research by FTX founder Sam Bankman-Fried (SBF).
Speculation of a hack steadily appeared after several abnormal wallet transactions were highlighted, indicating that between $1-2 billion in client funds were unaccounted for. When SBF was questioned regarding the missing $1-2 billion, his response was “???”
Crunching the numbers
Upon reviewing blockchain transactions, FTX’s wallet address was shown to have received a total of $105.3 million worth of Ethereum, Solana, and BNB tokens from international and US-based wallets since 9:20 ET on Nov. 11.
Keeping a thoroughly documented Twitter thread of the ongoing transactions at the time, Foobar publicly followed the cash flow as it occurred.
Hundreds of millions of dollars are now flowing out of FTX wallets, some speculate liquidators but it’s late on a friday night, not typical times for such rapid heavy movements. So
We współpracy z: https://cryptoslate.com/was-ftx-hacked-deep-dive-reveals-backdoor-built-into-accounting-software/
