November 14, 2022 BY Steffy Bogdanova

FTX faces a catastrophe as the exchange loses over $600 million in a hack

FTX General Counsel Ryne Miller shared in a tweet later that the exchange is moving their digital assets to cold storage as the FTX to mitigate damage from unauthorized transactions. FTX and FTX US appear to be affected by a Trojan. The crypto disaster unfolded on twitter as FTX customers claimed that they received SMS…

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