🚨 Crypto exchange FTX's lax security practices and opaque b

🚨 Crypto exchange FTX's lax security practices and opaque business operations may have led to billions in potential losses during last year's hack, according to a Wired report. Key points:- FTX scrambled to move over $1 billion worth of assets to different storage devices as funds were being drained, saving the majority of the money.
- $323 million in tokens were hacked from FTX's international exchange, and $90 million from its U.S. platform.
- Most funds held on FTX were in hot wallets, creating an attack vector.
- The identity of the attackers remains unknown, and stolen funds have been on the move in the past week.
What are your thoughts on FTX's security practices? Share in the comments below! 💬

.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}🚨 Crypto exchange FTX's lax security practices and opaque business operations may have led to billions in potential losses during last year's hack, according to a Wired report. Key points:

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🚨 Crypto exchange FTX's lax security practices and opaque business operations may have led to billions in potential losses during last year's hack, according to a Wired report. Key points: