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Blockchain analytics firm Elliptic said that around $473 million
worth of cryptoassets were "moved out of FTX wallets in
suspicious circumstances early this morning," but that it could
not confirm that the tokens had been stolen.
FTX U.S. general counsel Ryne Miller said in a tweet shortly
after 0700 GMT on Saturday that the firm had "expedited" the
process of moving all digital assets to cold storage "to
mitigate damage upon observing unauthorized transactions."
Cold storage refers to crypto wallets that are not connected to
the internet to guard against hackers.
Earlier on Saturday, Miller said in a tweet that he was
"investigating abnormalities with wallet movements related to
consolidation of FTX balances across exchanges."
FTX did not respond to a Reuters request for comment.
Prior to Miller's tweets, FTX officials appeared to confirm
rumors of a hack on the firm's Telegram channel, according to a
CoinDesk report which said that the exchange had instructed
customers to delete FTX apps and avoid its website.
"FTX has been hacked," an account administrator in the FTX
Support Telegram channel wrote in a message, according to
CoinDesk.
Reuters could not immediately verify the details posted on FTX's
private Telegram channel.
FTX filed for U.S. bankruptcy protection on Friday and founder
Sam Bankman-Fried resigned as chief executive.
The distressed crypto trading platform had struggled to raise
billions to stave off collapse as traders withdrew $6 billion in
crypto tokens from the platform in just 72 hours and rival
exchange Binance abandoned a proposed rescue deal this week.
(Reporting by Akriti Sharma in Bengaluru and Elizabeth Howcroft
in LondonEditing by William Mallard, Pravin Char and Frances
Kerry)
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