Cryptocurrency exchange FTX was the victim of “unauthorized” transactions, one of its managers said, a day after it filed for bankruptcy and founder Sam Bankman-Fried resigned.
“Unauthorized transactions” were observed, said Ryne Miller, legal director of FTX, on his Twitter account, the AFP agency reported.
After filing for bankruptcy, FTX “took precautionary measures to move all digital assets into cold storage,” that is, a bank to store cryptocurrencies online, it said.
“The process was expedited (Friday night) to mitigate damage by observing unauthorized transactions,” he said.
Miller had reported an “investigation of anomalies with portfolio movements related to the consolidation of currency balances between exchanges”, referring to “unclear events and movements”.
FTX, considered until 10 days ago as the second largest cryptocurrency platform in the world and valued at about US $ 32,000 million, suffered a lightning disaster.
The company, in crisis for a week, was voluntarily placed under the protection of Chapter 11 of US bankruptcy law yesterday.
Its founder, 30-year-old Sam Bankman-Fried, resigned and was succeeded by John J. Ray III.