How much in assets was moved from FTX in suspicious circumstances?

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Over US$600 Million in Assets Moved from FTX in Suspicious Circumstances

Following its bankruptcy filing, FTX detected unauthorised access, leading to the movement of hundreds of millions of dollars in assets under suspicious circumstances. Blockchain analytics firms have identified significant outflows, with a portion suspected to be stolen and another portion moved to secure storage. FTX is cooperating with law enforcement and regulators to address the situation and secure remaining assets.
Suspected Theft of Cryptoassets

Blockchain analytics firm Elliptic reported that approximately US$515 million worth of cryptoassets are suspected to have been stolen during the unauthorised access incident. This figure represents a substantial portion of the assets that were moved from the platform in the aftermath of the breach.
Significant Outflows Detected

Nansen, another blockchain analytics firm, observed US$659 million in outflows from both FTX International and FTX US within a 24-hour period. This substantial movement of funds highlights the scale of the asset transfer following the detection of unauthorised transactions.
Secure Storage of Funds

In addition to the suspected stolen assets, Elliptic also noted that around US$186 million were likely moved into secure storage by FTX. This action was taken by the firm's US general counsel to mitigate damage upon observing the unauthorised transactions, with cold storage being employed to guard against further cyber threats.

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How much in assets was moved from FTX in suspicious circumstances?

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