Hackathon
In the hours after the FTX cryptocurrency exchange filed for bankruptcy, opportunistic hackers - or possibly an insider - took advantage of the chaos and began looting hundreds of millions of dollars worth of crypto.Now, it appears, they're hard at work laundering it.As CNBC reports, the exchange's new CEO, John Ray III, admitted when the company filed for bankruptcy earlier in the month that "unauthorized access to certain assets has occurred."
In the hours after the FTX cryptocurrency exchange filed for bankruptcy, opportunistic hackers - or possibly an insider - took advantage of the chaos and began looting hundreds of millions of dollars worth of crypto.Now, it appears, they're hard at work laundering it.As CNBC reports, the exchange's new CEO, John Ray III, admitted when the company filed for bankruptcy earlier in the month that "unauthorized access to certain assets has occurred."
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