Half a Billion in Crypto Goes Missing from FTX Exchange
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Nearly half a billion dollars has been taken out of the now failed FTX exchange, and nobody really seems to know where the money went. Money Is Missing from FTX Spokespeople for the crypto exchange claim that “unauthorized transactions” are what caused the money to disappear, and it is being said that the company might have been hacked and the money stolen. The question is, “By who?” At the time of writing, the company has moved whatever funds it still had into cold storage to ensure no further illicit transactions could occur. FTX is also working with law enforcement agents
Backpack Exchange has obtained MiFID II authorization for FTX EU. SEPA connectivity enables quick, low-cost transactions throughout Europe. Backpack Exchange, a fully regulated global cryptocurrency platform, has finalized the acquisition of FTX EU, the European subsidiary of the collapsed FTX. The FTX bankruptcy court and the Cyprus Securities and Exchange…