Debtors for the bankrupt cryptocurrency exchange FTX have said that around $413 million worth of cryptocurrency was stolen from the company through “unauthorized transfers.”
In a report to creditors on Jan. 17, the company said that FTX debtors have identified approximately $1.6 billion of digital assets associated with FTX.com, of which $323 million of which was “subject to unauthorized third-party transfers” and $426 million of which was “transferred to cold storage under the control of the Securities Commission of The Bahamas.”
Another $742 million is in “cold storage” under the control of the FTX debtors, and $121 million of which is pending transfer to “cold storage” under the control of the FTX debtors….