A day after Sam Bankman\u002DFried’s digital\u002Dasset empire filed for Chapter 11 protection, the former crypto mogul was interviewed by Bahamian police and…
Analysts say about $662 million in tokens mysteriously flowed out of both FTX’s international and US exchanges. FTX had begun moving some of its assets to offline wallets, and later expedited those moves “to mitigate damage upon observing unauthorized transactions,” according to the US platform’s general counsel Ryne Miller.Sign up to receive daily headline news from Ottawa Citizen, a division of Postmedia Network Inc.
Zhao added that FTT contract deployers moved all remaining FTT supplies worth $400 million, “which should be unlocked in batches.” Binance followed up to say it had noticed a “suspicious movement” of a large amount of FTT by the token’s contract deployers.Article content Matrixport had 79 clients that incurred losses via exposure to three products on its platform that were linked to FTX, Gan said.Crypto exchange Kraken said it has frozen Kraken account access to certain funds it suspects to be associated with “fraud, negligence or misconduct” related to FTX. Kraken said in a tweet it’s in contact with law enforcement and plans to resolve each account on a case-by-case basis.
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