๐จCrypto 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 money๐ฐ
๐Hackers likely accessed private keys of FTX's wallets, draining funds. After bankruptcy, few knew the exact number of wallets or private key locations๐คฏ
๐ผFTX co-founder Gary Wang managed to transfer $500M to a hardware wallet, stopping the draining. Another $500M was transferred to BitGo wallets, saving over $1B๐
๐Stolen funds on the move recently, deepening the mystery around FTX's collapse. What are your thoughts on this crypto heist?๐ญ
๐Hackers likely accessed private keys of FTX's wallets, draining funds. After bankruptcy, few knew the exact number of wallets or private key locations๐คฏ
๐ผFTX co-founder Gary Wang managed to transfer $500M to a hardware wallet, stopping the draining. Another $500M was transferred to BitGo wallets, saving over $1B๐
๐Stolen funds on the move recently, deepening the mystery around FTX's collapse. What are your thoughts on this crypto heist?๐ญ