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FTX says $415 million of crypto was hacked - TL;DR CNBC

FTX says $415 million of crypto was hacked

Publishing timestamp: 2023-01-17 19:38:29


Summary

FTX has identified $5.5 billion worth of digital assets for recovery, including $415 million in "hacked crypto." FTX's advisors are also reviewing a $2.1 billion share repurchase payment from FTX to crypto exchange Binance in the third quarter of 2021. The presentation from FTX's lawyers and advisors provides a breakdown of FTX's assets and where they are looking for potential recoveries. Bitcoin is holding above $21,000.


Sentiment: NEUTRAL

Tickers: FTT.CM=

Keywords: cryptocurrency exchangesftx token/usd coin metricsfintechcryptocurrencyunited statesbusiness newstechnologyinvestment strategy

Source: https://www.cnbc.com/2023/01/17/ftx-says-415-million-of-crypto-was-hacked.html


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