Source: https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A6997282370810765312
#FTX Much of the $10 billion sent to #Alameda “has since disappeared”: #SBF had a secret #backdoor to #transfer #billions: https://lnkd.in/gsybyJhE
#NFT: #FTX #HighNetWorth #Investors #Funds #Siphoning #Tool:
https://lnkd.in/gEfq2rZ7 :
FTX has been #hacked. FTX apps are #malware. FTX site might download #Trojans – FTX General Counsel: https://lnkd.in/griySu9x :
The exchange’s founder #SamBankmanFried secretly transferred $10 billion of customer funds from FTX to his trading company Alameda Research: https://lnkd.in/gesARRSb :
FTX has reportedly seen mysterious #outflows after filing for bankruptcy protection. Reuters reported early Saturday that between $1 billion and $2 billion in #customer #funds had “vanished” from the exchange, citing two people familiar with the matter.
#Alameda, also founded by #BankmanFried, was considered to be a sister company to #FTX. Those cozy ties are now under investigation by multiple #regulators, including the U.S. Department of Justice, as well as the U.S. Securities and Exchange Commission, which is probing how FTX handled #customer #funds, according to multiple reports.
#NonFungibleToken: High-net-worth users are paying astronomical prices for #NFTs on FTX at a time when the broader #crypto and #digital collectible market has nosedived. In one case, a collectible that traded near $9 three weeks ago sold for $10 million on Friday. Another NFT that was similarly priced a month ago, sold for $888,888.88 this week.
#NFT for #MoneyLaundering?
“This NFT activity is highly irregular at a #macro level when the NFT market overall is declining, both in value and in volume, and in this specific case when there is limited #trading on other FTX markets” said cofounder and CEO of a blockchain analytics company that specializes in #insider #trading: This type of trading is likely an attempt by FTX users to access money in any way they can. One likely possibility is that #traders have an agreement with the Bahamian users to pay some percentage of the #assets, and in return receive them once they’ve been successfully withdrawn from FTX. These trades are visible on the #blockchain, which acts as a public ledger for tracking the movement of money. While anyone can see where the money moves, #identities are still #anonymous. Others suggest users were purchasing NFTs that are put up for sale by #Bahamian users. He pointed to one #wallet withdrawing $21 million worth of the #cryptocurrency #Tether from FTX, and sending it to an address that appeared to be based in the #Bahamas.
FTX has been #hacked. FTX #apps are #malware. Delete them. Don’t go on FTX site as it might download #Trojans, wrote an account administrator in the #FTX #Support #Telegram chat: FTX General Counsel Ryne Miller: https://lnkd.in/griySu9x .
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