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HomeCrypto NewsMarketFTX Hacked, 593B Shiba Inu Moved Out Of Exchange

FTX Hacked, 593B Shiba Inu Moved Out Of Exchange

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FTX hacked, funds moving out.



Over 593.92 Billion Shiba Inu (SHIB) moved out of FTX US and FTX Exchange to the mysterious wallet as FTX filed for Chapter 11 bankruptcy yesterday, and today it was hacked.

Etherscan.io reports that the mysterious wallet has just moved out a herculean 593,923,195,032 (593.92B) SHIB, worth $5,713,541 ($5.74M) from FTX US and FTX Exchange through two separate transactions.

593.92 Billion SHIB moved out of FTX to the Unknown Wallet
593.92 Billion SHIB moved out of FTX to the Unknown Wallet

In the first transaction, the mysterious wallet pulled out a staggering 418,102,844,520 (418.10B) SHIB, worth $4,022,145 ($4.02M) from one of the FTX-associated wallets tagged “FTX US.” Soon after this, the unknown wallet interacted with another wallet linked to FTX tagged “FTX Exchange” and withdrew a whopping 175,820,350,512 (175.82B) SHIB, worth $1,691,390 ($1.69M) in a momentous transaction.

The withdrawal comes after FTX CEO Sam Bankman-Fried resigned, and the crypto giant filed for Chapter 11 bankruptcy yesterday. While today the exchange is suffering a hack.

FTX Hacked

Crypto Quant CEO confirmed that FTX had been hacked, sharing messages from FTX’s official telegram channel.

The latest updates show over $1B missing from FTX after the hack.

 

 

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Zabi
Zabi
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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