FTX has said that $415 million worth of crypto was hacked from the exchange’s accounts.
This is from the $5.5 billion worth of digital assets that they say is able to be recovered.
“We are making important progress in our efforts to maximize recoveries, and it has taken a Herculean investigative effort from our team to uncover this preliminary information,” said John Ray, who’s acting as CEO at FTX.
Additionally, some of the assets include FTX's FTT. It has lost 90% of its value since Nov. It is currently valued at $529 million.
FTX has said that $415 million worth of crypto was hacked from the exchange’s accounts
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