In a report to creditors on Tuesday, bankrupt cryptocurrency exchange FTX stated that approximately $415 million in cryptocurrency had been stolen in hacks. FTX reported that it had recovered more than $5 billion in cryptocurrency, cash, and liquid securities, but that significant shortfalls remained at both its international and US crypto exchanges. FTX blamed some of the shortfall on hacks, claiming that $323 million in crypto had been stolen from FTX’s international exchange and $90 million had been stolen from its US exchange since the company declared bankruptcy on November 11. In a blog post, indicted founder Sam Bankman-Fried questioned aspects of the company’s report.
