FTX, a crypto exchange which declared bankruptcy recently, announced late Friday night that it had been hacked after millions of dollars in digital assets were syphoned from FTX wallets, despite the company freezing withdrawals earlier in the day. The precise amount of missing money is unknown, but CoinDesk estimates it to be more than $600 million. According to the crypto analytics firm Elliptic Enterprises Ltd., more than $370 million in crypto funds appear to have gone missing. A competing cryptocurrency exchange said on Saturday that it knew the identity of the alleged hacker and would assist authorities in their investigation. “FTX has been compromised.” “FTX apps are malware,” according to a post on the company’s official Telegram account. Customers were advised to avoid the FTX website and remove its apps from their phones. Following the announcement, FTX General Counsel Ryne Miller stated that the company was taking all of its digital assets offline “to mitigate damage following the discovery of unauthorised transactions.” The missing millions are in addition to at least $1 billion in customer funds that vanished from FTX prior to the company’s bankruptcy filing.