FTX collapse: Cryptocurrency worth $415 million stolen by hackers
Shortpedia
Content Team
Image Credit: NDTV
Collapsed cryptocurrency exchange FTX's woes are unlikely to end soon. CEO John J. Ray III has now claimed that crypto worth around $415 million was stolen from the firm by hackers, including $90 million from the US platform and $323 million from the global exchange. To recall, FTX filed for bankruptcy in November 2022, and its co-founder Sam Bankman-Fried was arrested in December.
