💰 FTX says $415 million in crypto was hacked

TL;DR

FTX reports $415 mln in hacked crypto, Bankman-Fried says FTX US is solventJan 17 (Reuters) - Bankrupt crypto exchange FTX said in a report to creditors on Tuesday that about $415 million in cryptocurrency had been stolen in hacks.FTX attributed some of the shortfall to hacks, saying that $323 million in crypto had been hacked from FTX's international exchange and $90 million had been hacked from its U.S. exchange since it filed for bankruptcy on Nov. 11.Bankman-Fried, who has been accused of stealing billions of dollars from FTX customers to pay debts incurred by his crypto-focused hedge fund, Alameda Research, pushed back against FTX's calculations late Tuesday, saying that the company's lawyers at Sullivan & Cromwell had presented an "extremely misleading" picture of the company's finances.FTX did not provide an estimate of the amount owed to FTX's U.S. or international customers, and it did not immediately respond to questions about Bankman-Fried's blog post.During FTX's initial investigation into hacks of its system, it uncovered a November asset seizure by the Securities Commission of the Bahamas, which led to a dispute between FTX's U.S.-based bankruptcy team and Bahamian regulators."

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