473 Million News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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World says it is investigating a possible $473 million hack. ftx's general counsel says the company has moved user' funds off-line to mitigate any damage after observing what it calls unauthorized transactions. >> the unconfirmed theft coming shortly after the company filed for bankruptcy with some describing it as the lehman brothers of crypto. cnn's brian todd has more. >> reporter: it wasn't belong ago that sam bankman-fried was called the mark zuckerberg of crypto. a modern day jp morgan. in the span of a week the 30-year-old wonder kin founder and ceo of ftx the mega powerful cryptocurren...

From cryptocurrency exchange ftx. this comes after founder and ceo sam bankman-frieded is accused of secretly transferring $10 billion to his trading company, alameda research are. he claims there was just confusing labeling. ftx is moving millions of dollars into offline crypto wallets citing unauthorized transactions after reports say $473 million in crypto assets were stolen. what a mess. will: wow. pete: the company filed for chapter 11 bankruptcy on friday. he's a big democrat donor, by the way, pledged a billion in this cycle. didn't quite live up to that. a. rachel: he's so young to hav...

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A devastating fall from grace for one of the largest cryptocurrency exchanges in the world, and now ftx says they're investigating $473 million hack. the company, which filed for bankruptcy on friday, now says it's investigating whether some crypto assets were stolen as they were moved offline. ftx is experiencing a rapid collapse despite being one of the most powerful players in the crypto industry. its founder and ceo, 30-year-old sam bankman-fried, resigned and has lost his $16 billion fortune in less than a week. here now to help us understand all of this, reuters reporter angus barack.