FTX investigating whether assets were stolen one day after firm files for bankruptcy ...Middle East

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The general counsel for cryptocurrency trading company FTX announced on Saturday that the exchange is investigating unauthorized transactions. “Following the Chapter 11 bankruptcy filings - FTX US and FTX [dot] com initiated precautionary steps to move all digital assets to cold storage,” lawyer Ryne Miller wrote. “Process was expedited this evening - to mitigate damage upon observing unauthorized transactions.” FTX filed for bankruptcy on Friday after losing $10 million in users’ deposits through affiliated trading firm Alameda Research. The firm’s CEO Sam Bankman-Fried stepped down the same day. On Friday night, Miller reported the company was “Investigating abnormalities wit

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