🚨Crypto exchange FTX's lax security & opaque practices may have led to billions in losses during last year's hack, says Wired report. Execs scrambled to move $1B+ in assets, saving most of the money💰

🔑Hackers likely accessed private keys of FTX's wallets, draining funds. After bankruptcy, few knew the exact number of wallets or private key locations🤯

💼FTX co-founder Gary Wang managed to transfer $500M to a hardware wallet, stopping the draining. Another $500M was transferred to BitGo wallets, saving over $1B🙌

🔍Stolen funds on the move recently, deepening the mystery around FTX's collapse. What are your thoughts on this crypto heist?💭