The Securities Commission of The Bahamas says it didn't order FTX to reopen withdrawals for Bahamas-based customers, refuting FTX's statement

Nikhilesh De / CoinDesk :

CoinDesk 2022-11-14 Nikhilesh De

Discussion

@scbgov_bs @scbgov_bs on x
Securities Commission Addresses FTX Statement on Bahamian Withdrawals https://twitter.com/...
@nickdrakon Nick Drakon on x
Looks like the story FTX told us about being required by law to open up withdrawals to Bahamian customers was a flat out low to let themselves and their buddies exit while everyone else couldn't. https://twitter.com/...
@nikhileshde Nikhilesh De on x
On Thursday @FTX_Official tweeted it allowed Bahamas-based customers to withdraw funds at local regulators' urging. On Saturday, @SCBgov_bs said that is not true https://www.coindesk.com/...
@edzitron Ed Zitron on x
So when ftx said the withdrawals they made two days ago were all done in compliance with (and the knowledge of) the Bahamian government's regulators they were lying. Really beginning to wonder if something illegal is happening here! https://twitter.com/... https://twitter.com/...
@kadhim @kadhim on x
🚨 FTX TRADING LTD BALANCE SHEET IN FULL 🚨 Spreadsheet was dated Thursday, the day before FTX Trading (main international exchange), FTX US, and Alameda were put into bankruptcy protection https://www.ft.com/... https://twitter.com/...
@tobin_tweets Michael Tobin on x
FT: FTX international held just $900 million of liquid assets against $9B in liabilities, $470 million of which were shares in Robinhood. https://www.ft.com/...
@matt_levine Matt Levine on x
everybody's going to have their own favorite paragraph in this jaw-dropping FT story about FTX's balance sheet but here's mine https://www.ft.com/... https://twitter.com/...
@kadhim @kadhim on x
The documents list a negative $8bn entry described as “hidden, poorly internally labled ‘fiat@’ account”. Sam Bankman-Fried told the Financial Times FTX had “accidentally” extended the money to his trading firm Alameda Research https://www.ft.com/...
@antoinegara Antoine Gara on x
Scoop: SBF had been using Signal to try to negotiate selling a near half billion dollar stake in Robinhood. The entity that controls the shares is controlled by SBF and not among the 130+ noted in FTX's bankruptcy filing. https://www.ft.com/... @kadhim
@felixsalmon Felix Salmon on x
Whom among us hasn't accidentally used a company we controlled to transfer $8 billion to our own personal hedge fund, easy mistake to make, probably nothing https://www.ft.com/... https://twitter.com/...
@aliceemross Alice Ross on x
SCOOP: Sam Bankman-Fried's main international FTX exchange held just $900mn in easily sellable assets against $9bn of liabilities the day before it collapsed into bankruptcy, according to investment materials seen by the Financial Times. https://www.ft.com/...
@krugermacro @krugermacro on x
This is the most ridiculous case of fraudulent “creative” accounting ever. TL;DR Sbf wants people to believe he just discovered a “hidden, poorly internally labeled fiat@ account” of $8B, and in its absence liquid assets would be greater than liabilities. https://twitter.com/...
@djohnson_cpa @djohnson_cpa on x
My favorites from the FTX balance sheet: -$8B “Hidden, poorly labeled accounts” (SBF said he had mistakenly sent $8B to Alameda) -$7.3M asset for Trump to lose 2024 election -Largest liquid asset was Robinhood for $472M (~50% of their liquid assets in $HOOD) https://twitter.com/.…
@kadhim @kadhim on x
FTX's assets and liabilities going into bankruptcy, source document published here by @FTAlphaville: https://www.ft.com/... See also the complicated corporate structure of Sam Bankman-Fried's now collapsed business empire, also on Alphaville: https://www.ft.com/...
@molly0xfff Molly White on x
i never thought i would find a spreadsheet funny, but the FTX balance sheet leaked by the @FT is incredible 🧵
@bendreyfuss Ben Dreyfuss on x
So everything in this “less liquid” column is just basically worthless junk that he couldn't actually unload bc there's no market for them? https://twitter.com/...
@obsoletedogma Matt O'Brien on x
At the end, FTX only had $900 million of easily sellable assets on hand against $9 billion in liabilities. It's so bad that the single biggest asset FTX has left is only worth 4% of what it's pretending it is. https://www.ft.com/... https://twitter.com/...
@cburniske Chris Burniske on x
Remember these will get sold via auction, not liquidated on the open market. https://twitter.com/...
@gladstein Alex Gladstein on x
“This was a problem with centralized custodians, not problem with crypto or DeFi tokens” 🤡 https://twitter.com/...
@timmarchman Tim Marchman on x
People thought this guy, who proudly boasted he didn't read books and certainly looked like he didn't wash his ass, was the key to the literal survival of human civilization. https://twitter.com/... https://twitter.com/...
@edgecliffe @edgecliffe on x
“The company's biggest asset as of Thursday was $2.2bn worth of a cryptocurrency called Serum. Serum's market value was $88mn on Saturday, according to data provider CryptoCompare.” Just one of the details in this @FT scoop from @AntoineGara, @kadhim & @joshckoliver https://twitt…
@fintechfrank Frank Chaparro on x
Balance sheet looks horrific. I don't see how creditors get more than 10-20% back https://twitter.com/...
@carlquintanilla Carl Quintanilla on x
(FT) - FTX exchange held just $900mn in easily sellable assets against $9bn of liabilities the day before it collapsed into bankruptcy, according to investment materials seen by the Financial Times. ⁦@FT⁩ ⁦@HammerstoneMar3⁩ #FTX https://www.ft.com/...
@kadhim @kadhim on x
The biggest asset that FTX Trading recorded on its books as of Thursday was $2.2bn of a cryptocurrency called Serum (SRM) The current total market value of Serum as of today is a mere $88mn, according to data provider CryptoCompare https://www.ft.com/...
@kshaughnessy2 Kristen Shaughnessy on x
He lost billions but @SBF_FTX is the one Congress was listening to when it came to crypto regulation. Might be because of his tens of millions in political donations??? https://twitter.com/...
@sarahnemerson Sarah Emerson on x
Is Sam Bankman-Fried a wayward genius? An admitted Ponzi scammer? Benevolent dictator? Or “the devil in nerd's clothes,” as one acquaintance put it? With @DavidJeans2 and @richardjnieva, we try to separate the man people knew from the myth that was sold. https://www.forbes.com/..…
@frischreport Austin Frisch on x
Sam says he is in the Bahamas. Do you believe him? https://www.reuters.com/...
@giacomotognini Giacomo Tognini on x
Brilliant investigation into the collapse of @SBF_FTX and how the signs were there all along - a must-read if you're trying to figure out what happened to @FTX_Official. Incredible work by @DavidJeans2 @SarahNEmerson @richardjnieva @kenrickcai @Steven_Ehrlich https://twitter.com/…
@sisu_sanity @sisu_sanity on x
“The source familiar with the matter told Cointelegraph that the 3 former FTX executives, as well as Alameda Research CEO Caroline Ellison, are looking for ways to flee to Dubai.” Sam Bankman-Fried ‘under supervision’ in Bahamas, looking to flee to Dubai https://cointelegraph.com…
@marketrebels @marketrebels on x
In 2020 the U.S. suspended the extradition treaty with Hong Kong. According to Semafor several FTX/Alameda engineers and traders left the Bahamas for Hong Kong and elsewhere. https://www.semafor.com/...
@goldman Jason Goldman on x
IS CRYPTO THE NEW JAZZ https://twitter.com/... https://twitter.com/...
@karaswisher Kara Swisher on x
Not so lovely image but apt: 'The Devil In Nerd's Clothes': How Sam Bankman-Fried's Cult Of Genius Fooled Everyone https://www.forbes.com/...
@saacksattack Bradley Saacks on x
Plenty of Bahamas-based FTX staff traveled between the Caribbean and Hong Kong frequently before the past week. Now, many have moved out of the FTX resort and decamped for Hong Kong and other places https://twitter.com/...
@willoremus Will Oremus on x
“That [Sam Bankman-Fried] was headed for calamity was inevitable. But with the ecosystem of hype and awe built around him, few heard what he was really saying.” https://twitter.com/...
@semaforben Ben Smith on x
FTX staff left the Bahamas for Hong Kong, ⁦@SaacksAttack⁩ reports from Nassau https://www.semafor.com/...
@tiffanyfong_ Tiffany Fong on x
SBF claims he has NOT fled to South America & remains in the Bahamas. Is this kinda like Do Kwon claiming he is NOT ‘on the run’...?😅 https://www.reuters.com/...
@thedavidrindexp David Rind on x
ah yes much better https://www.reuters.com/... https://twitter.com/...
@brianroemmele Brian Roemmele on x
The question is what difference does it make? Outside the current legal US nexus conveniently. The Trojan Horse that tried to destroy Bitcoin will move as he likes. https://twitter.com/...
@speculatorart @speculatorart on x
Pio and Nick have been in Bahamas for 12 hours and their sources are already proving to be accurate. https://twitter.com/...
@allnick @allnick on x
An on the ground source informed us that SBF is indeed in The Bahamas and under house arrest... unconfirmed though Meanwhile Pio is having our cover blown https://twitter.com/...
@_ryne_miller Ryne Miller on x
Investigating abnormalities with wallet movements related to consolidation of ftx balances across exchanges - unclear facts as other movements not clear. Will share more info as soon as we have it. @FTX_Official
@_ryne_miller Ryne Miller on x
Following the Chapter 11 bankruptcy filings - FTX US and FTX [dot] com initiated precautionary steps to move all digital assets to cold storage. Process was expedited this evening - to mitigate damage upon observing unauthorized transactions.
@c7five Nick Percoco on x
@MarioNawfal @buda_kyiv We know the identity of the user.
@jump_ @jump_ on x
1/ We, like all of you, were shocked by the events that unfolded over the past week. Jump's exposure to FTX was managed in accordance with our risk framework and we remain well capitalized.
@elonmusk Elon Musk on x
FTX meltdown/ransack being tracked in real-time on Twitter
@0xfoobar @0xfoobar on x
Hundreds of millions of dollars are now flowing out of FTX wallets, some speculate liquidators but it's late on a friday night, not typical times for such rapid heavy movements. Some withdrawals are being swapped from Tether to DAI. Hack or insider actions? $26 million here https…
@stephen_geiger Stephen Geiger on x
Warren Buffet and Charlie Munger on crypto in 2018. Absolutely nailed it. Turns out the old guys actually know what they're talking about... who knew. https://twitter.com/...
@meghankreynolds Meghan Reynolds on x
Heard from VC LPs this week: VC just had its Enron/Madoff moment (I'm old - worked through both) In both cases, LPs made a big shift in what they require for diligence, disclosure and communication. New standards will emerge. No GP - not even the very best - will be immune
@concodanomics @concodanomics on x
speechless https://twitter.com/...
@elonmusk Elon Musk on x
@sama https://twitter.com/...
@zachxbt @zachxbt on x
Breaking: $3.9m USDT on AVAX and $27.5m USDT on SOL of the FTX attacker's has been blacklisted by Tether https://twitter.com/...
@willmacaskill William MacAskill on x
This is a thread of my thoughts and feelings about the actions that led to FTX's bankruptcy, and the enormous harm that was caused as a result, involving the likely loss of many thousands of innocent people's savings.
@robdenbleyker Rob DenBleyker on x
just to confirm i'm understanding the FTX collapse: over a million people put $1 billion in assets into a crypto company, founded in the bahamas, by a 28 year old. am I understanding this right.
@bgurley Bill Gurley on x
One last thing. FTX had no board of directors. Every single investor that opted into that construct earned their $0 outcome. You can't blame Sam. Or Binance. Just yourself. You made a bad decision.
@zachxbt @zachxbt on x
Multiple former FTX employees confirmed to me they do not recognize these transfers for ~$383m https://twitter.com/...
@devchart @devchart on x
People are really out here pulling out tweets from 2019 where Su Zhu was trashing FTX, treating him like a hero and completely forgetting that 3AC was literally ranked 1st on the FTX leaderboard and that they were involved in literally every shady shit ftx and alameda pulled. htt…
@autismcapital @autismcapital on x
A source inside FTX shares the alpha on stimulants within the organization: https://twitter.com/...
@phil_lewis_ Philip Lewis on x
Turns out, Larry David was right about FTX https://twitter.com/...
@0xtre @0xtre on x
Official: FTX has been hacked. Source: admin of FTX Community Chat https://twitter.com/...
@zachxbt @zachxbt on x
As a precaution do not update or touch your FTX account for the time being until there is further clarity. https://twitter.com/...
@autismcapital @autismcapital on x
🚨 ALERT: High probability insiders at FTX are currently trying to run off with funds. Both FTX and FTX US wallets have now been affected and commingled. The current amount being laundered is ~$380M. Please share information below. Let's crowdsource this.
@edzitron Ed Zitron on x
FTX has said that they have been hacked and all the money is gone. Insiders claim that they do not know where the money is going. Could also be bogus lies. In any case, the sky is falling https://twitter.com/...
@dsquareddigest Dan Davies on x
FTX is neither Enron nor Lehman. It's MF Global. If there is a party who is responsible for prop trading and who is also able to authorise movement of client funds, you are putting temptation in the way. Funds segregation and front office/back office split are hard won lessons.
@grdecter @grdecter on x
10. FTX purchased $300MM in real estate including in the “playground of the rich” Albany, Bahamas https://twitter.com/...
@mudit__gupta Mudit Gupta on x
FTX has been hacked. Their wallets are being drained, hundreds of millions of dollars have been stolen. The website is non-functional. The mobile app got a new update which might be malware. Uninstall it ASAP. 500m+ drained already. Might be the biggest hack or rug pull ever. htt…
@spreekaway @spreekaway on x
New FTX funds wallet approving stETH to sell on 1inch... https://twitter.com/...
@dogetoshi Steven on x
FTX's bankruptcy process appears to be starting as funds from both international and US wallets are being sent to 0x59abf3837fa962d6853b4cc0a19513aa031fd 32b https://twitter.com/...
@milkroaddaily @milkroaddaily on x
The CEO of Alameda HOW IS THIS REAL LIFE ?!? https://twitter.com/...
@wublockchain Wu Blockchain on x
The official FTX community administrator (not sure if he has resigned) spoke on the telegram community and pinned: FTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on ftx site as it might download Trojans. https://twitter.com/...
@cryptoub @cryptoub on x
@edzitron - Funds being transferred out of FTX and sold for $DAI - Wallet balances on FTX showing zero Better to be safe and completely remove the app at this time.
@vitalikbuterin @vitalikbuterin on x
@Kdenkss MtGox “looked” sketchy and never tried too hard to whitewash itself. Luna too. FTX was the opposite and did full-on compliance virtue signaling (not the same thing as compliance) The second kind of fraud cuts deeper than the first.
@autismcapital @autismcapital on x
We've received confirmation that Sam's drug was actually Emsam. It is a drug normally used to treat Depression and Parkinson's disease but also gives performance enhancing and wakefulness effects. https://twitter.com/...
@im_goomba @im_goomba on x
This is too perfect 😂 https://twitter.com/...
@grady_booch Grady Booch on x
Cryptocurrency: “when somebody else is trading turds, and you don't want to be left out”. https://twitter.com/...
@caseynewton Casey Newton on x
You know, in the '70s when this sort of thing happened we got Fleetwood Mac's “Rumours” out of the deal https://twitter.com/...
@joshtpm Josh Marshall on x
not the only meltdown being tracked on twitter, clem https://twitter.com/...
@davidmweissman @davidmweissman on x
The owner of Twitter folks. https://twitter.com/...
@edvis100 @edvis100 on x
1/ @AlamedaResearch and @FTX_Official Ventures had access to nearly every crypto round. Our database showed 255 companies. Here it is. https://twitter.com/...
@carnage4life Dare Obasanjo on x
In retrospect it's really wild how normalized it was for people and investors to give huge sums of money to random people they met on Discord because “wagmi”. DAOs and fly-by-night crypto exchanges are the Pets .com sock puppet of this crash. https://twitter.com/...
@rmac18 Ryan Mac on x
Truly one of the most iconic lines in modern English https://twitter.com/...
@matthew_d_green Matthew Green on x
Imagine wasting millions plastering your image all over San Francisco and nobody's even going to recognize your new face.
@kuroxlb Kuro on x
what's gary wang working on while his exchange explodes and goes bankrupt? https://twitter.com/...
@cd_hooks Christopher Hooks on x
Elizabeth Holmes's dad was a VP at Enron. We're living in the Enron century. https://twitter.com/...
@asanwal Anand Sanwal on x
19/ If the startup you work at is headquartered in a Caribbean tax haven,🚩🚩🚩 🚩🚩🚩🚩 The Bahamas. The British Virgin Islands. Dominica. Nevis. Anguilla. Costa Rica. Belize. Barbados. https://www.investopedia.com/ ... https://twitter.com/...
@0xfoobar @0xfoobar on x
@_Ryne_Miller My best interpretation is that FTX counsel noticed the blackhat thefts getting dumped to ETH and DAI onchain, then took whitehat actions to save the remainder of funds. Estimates from @zachxbt have the blackhat theft at ~450m and whitehat rescue (multisig) at ~200m …
@0xfoobar @0xfoobar on x
@_Ryne_Miller FTX just pinned this message in their main telegram chat https://twitter.com/...
@alexhern @alexhern on x
“No one could have predicted this,” says only sector where this happens regularly https://twitter.com/...
@profjeffjarviss @profjeffjarviss on x
With its enlightened pro-crypto outlook, El Salvador should offer SBF and Do Kwon asylum in its London embassy.
@harryh @harryh on x
A lot of people talking about what crypto could have been if it wasn't for a bunch of scammers & fools. This completely misses the point: the only function of cryptocurrency is to separate fools from their money and give it to scammers. There has never been any other purpose.
@menlobear Adam Taggart on x
“Bankrupt cryptocurrency exchange FTX is probing a potential hack and asked customers to stay off the FTX website” Man, this story is like watching a multi-car pileup happen before our eyes... https://www.wsj.com/...
@dollarsanddata Nick Maggiulli on x
The irony of “not your keys, not your coins” being a core tenant of the crypto community while many of the users have their money on centralized exchanges...smh https://twitter.com/...
@travisyost Travis Yost on x
Let me save you some time, it's fraud, like everything else in crypto. It's ALWAYS fraud. https://twitter.com/...
@mattballen4791 Matt Ballensweig on x
The insanity of Theranos, speed of Lehman and scale of Enron.
@cz_binance @cz_binance on x
What a sh!t show... And it's going to be crypto's fault, (instead of one guy's fault)... https://twitter.com/...
@lookonchain @lookonchain on x
Please pay attention to the safety of your funds, a lot of funds transferred out from FTX and sold through DEX! Currently $UNI, $stETH, 1INCH, $WBTC, $SUSHI, $YFI, $LDO have been sold. Also $PAXG, $LINK, $MATIC, $AAVE, $SNX, $SHIB and $APE did not sell. https://etherscan.io/... h…
@milesjennings Miles Jennings on x
This week's events will be used by some to paint web3 as the “wild west.” In reality, these events, like prior excessive financial risk-taking collapses, are instances of wrongdoing that were preventable. We have to stop this from happening again.
@weldpond Chris Wysopal on x
“FTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on FTX site as it might download Trojans,” wrote an account administrator in the FTX Support Telegram chat. https://www.coindesk.com/...
@levie Aaron Levie on x
Siri, please explain the stock market to mark https://twitter.com/...
@jchervinsky Jake Chervinsky on x
A lot of people think the collapse of FTX is evidence that crypto doesn't have a future. For me, it's the exact opposite. This proves why crypto—trustless, permissionless, uncensorable crypto—is the only path forward for the future. This week, we grieved. Next week, we build.
@ericjackson Eric Jackson on x
I would argue that FTX is much less of an existential threat to crypto because the whole ecosystem is 8 years older, larger and more developed
@grdecter @grdecter on x
4. FTX worked with auditing firm Prager Metis that has an office in the Metaverse. https://twitter.com/...
@mathewi Mathew Ingram on x
This is absurd. We can't blame Sam? For lending customers' investments to his trading platform and not telling anyone? Everyone was just supposed to magically know that this thing was a house of cards? https://twitter.com/...
@cgasparino Charles Gasparino on x
Its only fitting that the world's greatest troll owns Twitter https://twitter.com/...
@gergelyorosz Gergely Orosz on x
FTX going bankrupt brings huge damage to other crypto companies. I'm told a crypto lending unicorn is expected to shut down as soon as Monday. No one working any more - including customer support. Leadership advising employees to prepare CVs. I assume more will follow.
@ashleevance Ashlee Vance on x
After this whole FTX mess, I think someone really needs to invent a radically transparent electronic ledger for tracking transactions. If done right, it could change how we buy and track all kinds of things.
@jordanschachtel @jordanschachtel on x
I think most people have the SBF/FTX narrative backwards. Not a govt operation, but a team of aggressive fraudsters that wanted to become a govt endorsed/regulated entity. They were well positioned to succeed, but fell short bc ponzi got exposed. Will have more on in coming days.
@cryptodonalt DonAlt on x
Can't believe I misjudged FTX/Sam in the way I did. Apologies to everyone that trusted them more than they should've because of my faith in them. Tried and trying hard to dodge all scammers, fell for one of the biggest out there . Just sad really, hard to trust anyone anymore
@justinbennettfx Justin Bennett on x
Some think the FTX contagion fear is overblown. But when the person who lit the match to expose the ugly truths tells you to expect more pain, you should expect more pain.
@ericliptonnyt Eric Lipton on x
FYI, those crypto boosters arguing the problem with FTX was its centralized status—and the answer is to jump to DeFi (decentralized finance) where the movement of crypto assets relies on the code “protocol” not people-YOU HAVE BEEN WARNED. Massive fraud there too. DOJ report http…
@levie Aaron Levie on x
The lesson for the tech industry in the FTX saga should not be that people were “duped”. There was a company operating out of the Bahamas, running Super Bowl commercials, with like 12 engineers, that allows people to day trade fake things. It was all there.
@buccocapital @buccocapital on x
Fascinating week No red wave Elon gets clowned FTX blows up After 3yr of nothing making sense, and the absurd reigning supreme, this week was absurd exactly b/c logic + common sense prevailed For 3 yrs you'd be like this is dumb this shouldn't work. But it did Until this week
@route2fi @route2fi on x
After this week's events, I'm more bullish than ever about the long-term outlook for DeFi. It just shows how much we need something that is completely decentralized without any middlemen that can f*ck it up entirely (ref. FTX).
@autismcapital @autismcapital on x
UPDATE on FTX Hack: There are rumors that Kraken has found the FTX attacker. Credible sources are sharing it seems more likely to be a whitehat/blackhat group. The hacker is not yet confirmed. We want to crowdsource the search. Posting block explorer links in the next tweet:
@7im @7im on x
Writers' Room Note: Making the FTX guy's surname “Bankman” is a bit heavy handed
@modestproposal1 @modestproposal1 on x
Have complicated and in some cases conspiratorial threads. But isn't this most likely explanation? They were overlevered, illiquid and suffered losses. Thought they could trade their way out of it or buy time to make it whole. Not at all an excuse. But isn't it most likely? https…
@edzitron Ed Zitron on x
The great thing about crypto is you can follow the money in real-time as it goes through accounts called “ftx accounts drainer” and “cumsock dot eth” https://etherscan.io/... https://twitter.com/...
@davidgokhshtein David Gokhshtein on x
FTX and https://ftx.us/ weren't hacked. This had to be a inside job by SBF and his crew. They played this entire industry and the ripple effects haven't been felt yet.
@hunterwalk @hunterwalk on x
Tweets that say “FTX Fraud Bad but If You Building In Crypto and Not Fraud Here My Calendly Link” is what counts as deep introspection in venture capital
@wallstreetsilv Wall Street Silver on x
FTX just released this message on their Telegram channel. It looks like they are claiming it is a hack and the FTX wallets are being looted tonight. There is a bankruptcy freeze in place. The bankruptcy trustee says he is not involved in what is happening tonight. https://twitter…
@teroterotero Tero Kuittinen on x
I guess what fascinates me about these YouTube stars is how insanely annoying they are - I'm sure it's not by nature, it's just what the algos have shaped them to be. This is what people want to watch. It's so grim and hopeless. https://twitter.com/...
@rmac18 Ryan Mac on x
why does this feel like Adam McKay directed this as an add on to The Big Short https://twitter.com/...
@cloud_opinion @cloud_opinion on x
Is it wrong for FTX to take the money away from idiots? If FTX didn't take their money, they would have blown it away on Avocado Toasts.
@zachweinberg @zachweinberg on x
Inside job. Suspect looks like this: https://twitter.com/... https://twitter.com/...
@profjeffjarviss @profjeffjarviss on x
To show my commitment, I'm offering an unprecedented, one-time-only 70% off discount on my digital Bored Sam Bankman-Fried portraits. Offer expires at midnight tonight.
@wublockchain Wu Blockchain on x
FTX hacker is very likely an inexperienced insider. Kraken was also used throughout the hack to offload funds. According to @MarioNawfal. Kraken CSO said that the identity of the hacker is already known. https://twitter.com/... https://twitter.com/...
@autismcapital @autismcapital on x
FTX likely currently under attack or insiders running off with funds. 🚨 https://twitter.com/...
@gergelyorosz Gergely Orosz on x
I don't know how accurate the below is. I expect the biggest impact will be on companies which entrusted either their treasuries, or their customer funds with FTX. Given FTX was seen as a stable exchange (despite the poor regulation), likely lots of crypto startups used them. htt…
@carnage4life Dare Obasanjo on x
Whenever someone says a billionaire is humble because they drive a Corolla and wear cheap looking clothes, my response is to show me where they live. It's never disappointed. https://twitter.com/...
@fintechfrank Frank Chaparro on x
Kraken CTO says FTX hacker has been identified https://twitter.com/...
@scupytrooples @scupytrooples on x
This is what happens to spider's webs when you give them drugs https://twitter.com/...
@gordongoner @gordongoner on x
FYI, here's all the ETH we had on https://ftx.us/ (shows up as blockfolio on etherscan) getting moved to CB Custody earlier in the week. Gets all moved around in CB as part of their system after this tx so beware amateur etherscan sleuths. https://etherscan.io/...
@erikvoorhees Erik Voorhees on x
“Big advocate for Sam, because he has two parents who are compliance lawyers. If there's ever a place I can be that I'm not going to get in trouble, it's going to be at FTX.” https://twitter.com/...
@marionawfal Mario Nawfal on x
🚨Reports of SMS messages & emails being sent by FTX to customers to log into the app & website, which are infected with a trojan as part of the hack FTX has millions of users. Things are about to get a LOT worse. Please warn as many ppl as you can before it's too late!
@jason @jason on x
I just want say, I think we are 100%, probably, unequivocally perhaps living in a simulation. https://twitter.com/...
@ki_young_ju Ki Young Ju on x
FTX got hacked but highly likely insider job. Do not update or install FTX app. https://twitter.com/...
@coinbureau @coinbureau on x
Warning: Apparently FTX has been hacked. Multiple sources including the official admin have confirmed this. Don't go on the site. Don't download their apps and if you have it, delete it! It just never ends... https://twitter.com/...
@nekoztek @nekoztek on x
Everyone is jumping ship and trying to steal a piece. Swaps are happening into DAI since can't be stopped. Personally shorting assets with 8 figure holdings. Currently have positions on $LINK , $UNI, $AAVE. https://twitter.com/...
@conejocapital Bunny on x
https://twitter.com/...
@0xfoobar @0xfoobar on x
Recipient wallet here: https://etherscan.io/... They seem to be moving everything https://twitter.com/...
@bantg @bantg on x
https://twitter.com/...
@zachxbt @zachxbt on x
An interesting wallet on Solana. They withdrew ~$70m USDC from FTX to OKX in the final hours before withdrawals closed on 11/8. https://solana.fm/... https://twitter.com/...
@marionawfal Mario Nawfal on x
So last week everyone talked about crypto bottoming Today we find out the hero crypto billionaire repping us in D.C. built a ponzi high on drugs w/ a naked team of sex addicts May sound funny at first but sad when you realize Im not even exaggerating Welcome to 2022 Crypto 🥲
@dylanleclair_ @dylanleclair_ on x
There is no “smart money” in the crypto space. The strategy is literally spray and pray. Bitcoiners have a different vision.
@dmitryopines Dmitry Grozoubinski on x
Trying to follow a crisis in crypto: “BTC is crashing because SBF backdoored FTX via Github to liquidate its Splurgecoins via a DAO-bridge Worblewallet before the Whitehat Spifflebutt could dump the Doge into an icebox to save it from an Alameda SQL injection. In the cloud.”
@iamdcinvestor @iamdcinvestor on x
wouldn't surprise me if this ends with SBF locking himself in a booby trapped bunker at this point
@functi0nzer0 Laurence on x
Guys I don't think we can trust SBF anymore
@adamscochran Adam Cochran on x
This has to be an insider hack. Private key, root level on website, and publisher key access to the apps? There is no way that was sitting on one connected hot system?
@mhonkasalo @mhonkasalo on x
We forgot about his Horcruxes. https://twitter.com/...
@autismcapital @autismcapital on x
Former HIGH level FTX insider: “I think this has to be an inside job. There is just no way to have this much root access so quickly. There are too many different wallets and products to pull this off at once.”
@noahpinion @noahpinion on x
So, did SBF just steal his customers' money and flee the country? Is that what just happened? https://twitter.com/...
@adamscochran Adam Cochran on x
Fake a hack, white hat some funds, fail to recover the rest, claim your system must have always been compromised and hope you avoid jail? Just one wild theory floating around in my mind. Cause whatever it is, it is next level dumb/desperate.
@219_eth @219_eth on x
We might be witnessing one of the largest crimes in history rn. FTX servers being wiped? Funds have been hacked? wtf is going on
@cryptovinco @cryptovinco on x
What's happening on FTX is 100% insiders orchestrating a rug pull in order to steal users funds. But as they alway do, they will just blame it on a hack... just like Mt. Gox, Bitfinex, Bitstamp, Binance, and many more have done in the past. There was no hack.
@0xwave @0xwave on x
If you have granted FTX access to pull your funds though ACH, I'd highly consider trying to lock your account down. Seems like there's a root-level access entity draining funds, could imply they have access to other internal systems
@tradermayne Mayne on x
FTX site and App down Potentially being hacked. We really ain't ever getting our money back are we.
@crypto_chase @crypto_chase on x
@Tradermayne Inside job they're saying, person would have required very high levels of access within FTX website. IMO someone flew out, got to their safe spot, and now taking it all.
@adamscochran Adam Cochran on x
Balances on FTX zero'd out while money moves. Apps not loading. This has to be the digital version of putting it all in the shredder, right? (Btw don't visit websites or apps with logins, just incase it is externally compromised, but doubt it)
@iamnoahmiller Noah Miller on x
FTX is a learning lesson for all. If you don't already, store your assets in a hard wallet.
@themlpx @themlpx on x
FTX's main wallet used to process withdrawals drained of it's entire FTT balance 1 hour ago 45.8M FTT tokens withdrawn, ~$97.2M in value https://twitter.com/...
@tradermayne Mayne on x
Rot in the deepest pit of hell with a cucumber up ur arse you POS. @SBF_FTX
@thedata_nerd @thedata_nerd on x
$400M from FTX Inl and FTX US has been consolidated into a new wallet, 0x59a. Seems not like regulators as it bought memecoin such as FTX Bankruptcy, ... It has also been selling some tokens on CowSwap: • 2,4M $UNI • 17M $1INCH • 332 $YFI • 831K $SUSHI • 2,5M $LDO https://twitter…
@219_eth @219_eth on x
i think they might have wiped ftx data
@abu9ala7 Mohammad on x
Someone should save all the images/screenshots/chats/news headers of FTX into a folder. We're literally witnessing history and these things will be forgotten with time Holy shit
@tradermayne Mayne on x
Losing the money sucks, I can make that back. But what sucks more is the time, making that money took mother fucking time. That shit I can't get back.
@0xfbifemboy @0xfbifemboy on x
LMAO the FTX API docs are way better than they were yesterday, who TF is updating the docs??? h/t @CantelopePeel https://twitter.com/...
@davidfbailey @davidfbailey on x
What we've just learned is that FTX was a scam from the very beginning and SBF anticipated this as the outcome.
@octal Ryan Lackey on x
If I stole $1-2B of remaining FTX funds, among the hottest in the world, I would probably trade them aggressively in defi over the weekend to make other, unconnected wallets make profits. Airgap via market. Could burn $2B to $0 and in process make “clean” $100mm gains.
@valueandtime Daniel Mateö on x
Probably not the time to bring up Tom Brady had $500M invested into FTX.
@whale_alert @whale_alert on x
🚨 321,764,309 #TRX (17,552,566 USD) transferred from #FTX to unknown wallet https://whale-alert.io/...
@sassal0x @sassal0x on x
I have just landed in the Bahamas Bitboy and I are commencing ‘Operation Find Bankman’ The raid on SBF's hideout will be livestreamed https://twitter.com/...
@jillrgunter Jill Gunter on x
“What are we watching tonight babe?” “Etherscan”
@josephpolitano @josephpolitano on x
Nobody fully seems to know what's going on yet, but hundreds of millions in on-chain assets are being moved from FTX wallets and the telegram admin just pinned a message saying the company was hacked. https://twitter.com/...
@asvanevik @asvanevik on x
Does FTX keep KYC docs on file, or is it managed by a 3rd party? If they really got hacked, lots of ID docs gonna be on the loose.
@srpeterseth @srpeterseth on x
FTX just rug pulled everything https://twitter.com/...
@coinmamba @coinmamba on x
No way FTX is getting hacked after declaring bankruptcy. How's that even possible?
@ryansadams Ryan Sξan Adams on x
The FTX app has now turned into malware. And it's only Friday.
@msuiche @msuiche on x
FTX infrastructure may have been compromise. Unclear if it's the mobile apps or the websites or both categories. USD $386M + USD $84M syphoned to the two following wallets: 0x59abf3837fa962d6853b4cc0a19513aa031fd 32b 0xd8019a114e86ad41D71a3EeB6620b19Dd166A 969 https://twitter.com…
@mrjasonchoi Jason Choi on x
Translation: Legally speaking, half of @SBF_FTX's burden would be on this “hacker” now, implying he has every reason to orchestrate this final rug pull to save himself https://twitter.com/...
@route2fi @route2fi on x
If you thought it was over after yesterday's bankruptcy for FTX, think again. FTX just got hacked for almost $400M. All funds are drained. All balances are zero. Insane.
@jonwu_ @jonwu_ on x
watching $380m get drained from FTX wallets rn https://twitter.com/...
@minigrogu @minigrogu on x
Gulfstream G450 Registered LV-KEB: Departed from Nassau Bahamas at 8:18 p.m. heading towards South America Not yet confirmed if directly related to FTX Can you imagine? https://www.flightradar24.com/ ... https://twitter.com/...
@enjoyoor @enjoyoor on x
the entire FTX office building has literally vanished into thin air leaving no trace of its whereabouts sources say https://twitter.com/...
@camirusso Camila Russo on x
Funds have been flowing out of FTX for the past two hours. Users reporting accounts going to zero. Very unlikely it's the liquidator, more likely a hack or an inside job, but right now $$ 100s of millions are being taken out and nobody knows what's actually happening. https://twi…
@qtrresearch @qtrresearch on x
“I'd like to introduce prosecution Exhibit C, your honor” https://twitter.com/...
@altcoinpsycho @altcoinpsycho on x
Interesting how both FTX and FTX US have been hacked, considering they're completely different entities with completely different security protocols Hard to believe this isn't a coordinated inside job, most FTX admins don't have access to FTX US and vice versa
@sobylife @sobylife on x
Github activity of Gary Wang the FTX CTO. He did his most contributions yesterday. WHAT IS GOING ON?! https://twitter.com/...
@the_delysium @the_delysium on x
In light of recent events, we would like to express our deepest sympathies for everyone affected by the FTX situation. We'd like to be fully transparent with the #Delysium community and would like to share some important information in regard to this. 1/n
@punk6529 @punk6529 on x
I cannot remember such a trainwreck bankruptcy, in or outside crypto. Mt Gox still probably in #2 spot but FTX is the gold medalist by a mega margin https://twitter.com/...
@0xquit @0xquit on x
This FTX saga is starting to get so insane that I'm starting to believe the conspiracy theories. Now Nikolai's death is attributed to Sam and there's an underground sex trafficking ring running out of FTX HQ? Fuck it, sounds plausible 🍿
@nycsouthpaw @nycsouthpaw on x
The crypto community with its scofflaw ethos will test the automatic stay of the bankruptcy code in not-exactly-new ways and perhaps learn the trustee's not-exactly-gentle methods of fighting back. https://twitter.com/...
@titanxbt @titanxbt on x
CTO does the most contributions, next day FTX is “hacked”. FTX and FTX US devs don't get access to both, has to be a high up executive. Hack also rushed and traceable. Good luck my kings. We're catching these mfs.
@dannydiekroeger @dannydiekroeger on x
FTX has apparently been “hacked”, which in the crypto industry just means the devs sent the money to themselves
@wassielawyer @wassielawyer on x
Me: Chapter 11 is actually ok in these circumstances since it freezes the company and ensures no more shenanigans like the Bahamas loophole and TRON facility, giving the company some breathing room and a stable platform to restructure. *FTX gets hacked for 600m* Sigh...
@0xradar @0xradar on x
Can FTX situation get any worse? Now its hacked, Sam on the run, what else can happen right now? Big nuke?
@titanxbt @titanxbt on x
Github activity of Gary Wang the FTX CTO. He did his most contributions yesterday. He definitely setup this “hack” https://twitter.com/...
@azidynamics @azidynamics on x
Terminal FTX servers deactivated
@marionawfal Mario Nawfal on x
If FTX tweets SBF was kidnapped by CZ, who also kidnapped Do Kwon and Alex Mashinsky, I won't be surprised anymore Jokes aside, shit is getting insane...
@gurgavin @gurgavin on x
JUST WOKE UP WTF FTX GOT HACKED OVERNIGHT AND EVERY SINGLE DOLLAR THAT WAS LEFT WAS STOLEN MY HACKERS ????
@tittyrespecter @tittyrespecter on x
So FTX basically did this https://twitter.com/...
@statelayer @statelayer on x
seeing everyone's balances were set to zero, they probably deleted all records of anything that ever happened on FTX didn't they?
@arkhamintel @arkhamintel on x
The FTX hacker 0x59 is TWAP dumping all assets into CowSwap DEX aggregator, and has been for the last 2 hours. Asset breakdown soon. https://twitter.com/...
@beastlyorion @beastlyorion on x
They are throwing everything at us to try and get us to give up on decentralized money. Remember that FTX is a centralized institution and the collapse is a result of centralized power in the hands of idiots. It is an example of why decentralized money and finance is important.
@loopifyyy @loopifyyy on x
Here is some hopium for you. Even with LUNA and 3AC blowing up, the general consensus on Crypto Twitter was everyone was still expecting a bull market so it wasn't going to happen. With this FTX debacle, it's the first time in a while everyone thinks it's over...
@jasonfurman Jason Furman on x
Genuine question: How did people think that FTX was funding the 8% interest it was paying on Bitcoin deposits if it was not using its customers funds for something? What was the benign explanation for this while the assets were fully/safely available for redemption?
@altcoindailyio @altcoindailyio on x
Did anyone not have crypto on FTX?
@drericding Eric Feigl-Ding on x
$600 million in crypto suddenly shifted mysteriously thru a maze of accounts after @FTX_Official gets hacked. Tech folks warn also **do not install** the FTX mobile app software update—could likely have malware. #FTX declared bankruptcy yesterday morning. https://twitter.com/...
@loopifyyy @loopifyyy on x
Elon Musk just pumped DOGE on a Twitter spaces about FTX and is absolutely slamming Sam right now. The simulation continues. https://twitter.com/...
@peckshieldalert @peckshieldalert on x
#PeckShieldAlert The address 0x59ab...32b labeled as FTX Accounts Drainer has bridged ～10k $ETH on BSC out via Multichain https://twitter.com/...
@icebergy_ @icebergy_ on x
ya after thinking about this you prob should change all passwords, switch to 2fa device, change emails just in case https://twitter.com/...
@degenspartan @degenspartan on x
theory: he converts everything to ETH and sits on it when value reaches $10b, he returns everything
@arthur_0x Arthur on x
As someone who went through a similar event 5 months ago, what I can say is. It truly seems so tough that you might feel like giving up, but things will get better. Stay strong.
@zachxbt @zachxbt on x
@0xfoobar @agunk522 BlackHat seems like 0x59 & 6sek1 (~$450m?) Whitehat seems like 0x97 & 0xd8 (~$196m) Not sure about 6b4ay ($1.6b if counting illiquid tokens like MAPS OXY etc.)
@tree_of_alpha @tree_of_alpha on x
Woke up, reading the group chats. Ftx hacked, maybe whitehats, maybe not, maybe part of it, elon jumped on a twitter spaces about ftx said “doge to the moon keep your funds off exchanges” I went to sleep for one night how did I miss 2 weeks of crypto developments exactly??
@219_eth @219_eth on x
“we lost most of your money” ... ... ... “ok, we lost the rest too”
@generativist @generativist on x
one exciting thing about crypto is we all effectively have a bloomberg terminal to watch this happen https://twitter.com/...
@cryptokaleo @cryptokaleo on x
Yeah reading this thread looking not great. Seems like an incredibly inefficient way to consolidate assets if it's legit. Can't imagine them dumping on a DEX rather than settling OTC w/ the size in the wallet https://twitter.com/...
@statelayer @statelayer on x
stop making approvals every 15 minutes and dump ur fkn tokens SBF we're tired over here
@robustus Dan McArdle on x
The corrupt stuff that happens in tradfi is all largely secret, details never publicly known. In crypto we watch 100s of millions in stolen funds move on-chain in real time and live-tweet it.
@dtrain22k @dtrain22k on x
This is crypto's white ford bronco moment
@richerd @richerd on x
Watching the FTX drama happen in real time is pretty surreal. It feels like we're all watching a movie, but the scary part is that we're not...
@rnr_0 Romano on x
REMOVE FTX APP FROM YOUR PHONE DO NOT OPEN THE WEBSITE EITHER THIS IS NOT A DRILL DELETE FTX APP FROM YOUR PHONE NOW
@mhonkasalo @mhonkasalo on x
FTX's security systems failed hours after declaring bankruptcy after operating for years without an issue. Yes, it's a “hacker” who did this.
@investmentshulk @investmentshulk on x
IMAGINE HAVING YOUR HEDGE FUND COMPLETELY CRUSH THE SHORT LUNA TRADE ONLY TO THEN COMPLETELY BLOW UP ON OP RISK WITH HALF OF ASSETS LOST ON FTX. https://twitter.com/... https://twitter.com/...
@peckshieldalert @peckshieldalert on x
#PeckShieldAlert The address 0x59ab...32b labeled as FTX Accounts Drainer has swapped 400,000,000,000 $SHIB (~$3.9M) to 2,346 $ETH (~$2.96M), -$1M https://twitter.com/...
@sassal0x @sassal0x on x
I'm really glad that the regulators sanctioned Tornado Cash, cozied up to SBF and focused on killing DeFi instead of putting in guardrails to potentially prevent the FTX collapse I feel very protected as an investor right now
@marionawfal Mario Nawfal on x
Remember, FTX's volume was 90% smaller than Binance If FTX was Lehman, Binance is BlackRock. Binance runs crypto and Tether is the gas.
@lawmaster @lawmaster on x
@Tree_of_Alpha I don't know if that's true. We had like two days between when some mildly suspicious things started to happen and when they paused withdrawals. I was told by people to withdraw and had plenty of time and yet didn't. And that's after flagging that Alameda was scram…
@richerd @richerd on x
Not your keys not your ASCII
@lefterisjp @lefterisjp on x
Heartbreaking to see people wonder if they got hacked due to using the FTX app, ex-blockfolio app etc I've been banging the #opensource drum for more than 10yrs now Listen up. Use auditable code. Use local apps that don't depend on the whims of others and protect your #privacy ht…
@tree_of_alpha @tree_of_alpha on x
This was probably THE hardest significant rug/hack to avoid, even for otherwise-savvy people. During the whole Luna/UST ordeal you could've withdrawn and taken a haircut at any time. Here we went from “rumors about famed exchange spark” to “withdrawals locked” in a week.
@punk6529 @punk6529 on x
1/ I did not have to uninstall any exchange apps from my phone today, because I never installed any exchange apps on my phone (at any time since 2013) Always seemed to have all types of risk vectors to carry around effectively exchange “private keys” on your phone.
@wublockchain Wu Blockchain on x
The FTX attacker addresses $3.9 million USDT on the Avalanche and 27.5 million USDT on the Solana have been frozed by Tether. The hacker address of 0x59A...d32b still holds $369 million in assets. In the next step it may transfer funds into Tornado cash.
@stunlikes @stunlikes on x
dude lied to the end like a child that got caught stealing.
@salsatekila @salsatekila on x
Delete your FTX app if you downloaded, DO NOT update it. Any phone app.
@gordongoner @gordongoner on x
It hasn't affected us. We never used https://ftx.com/ though some of our partners did. We had some money on https://ftx.us/ but we moved it out earlier in the week. Heart goes out to anyone who has been hurt by this insanity. https://twitter.com/...
@hsakatrades @hsakatrades on x
Man, easily been the most mentally taxing week ever. The reality of the sheer levels of chicanery that transpired still hasn't set in. Not going anywhere, couldn't leave this space even if I tried. The season finale has aired, but the show goes on.
@zackvoell Zack Voell on x
SBF famously told a Twitter trader to sell SOL for $3 then fuck off. Now his net worth is $3, per Bloomberg. SBF roasted Coinbase team size and bragged about FTX's lean engineering team. Now his fraud exchange is being drained of all remaining funds. Karma is a bitch.
@jeffjohnroberts Jeff Roberts on x
Holy shit. The Pulitzer committee should give this guy—and Crypto Twitter as a whole—a prize for their FTX reporting https://twitter.com/...
@edzitron Ed Zitron on x
A senior FTX employee retweeted this @cobie tweet about a year and a half ago. Anyway I assume that someone knew something somewhere that's for sure https://twitter.com/... https://twitter.com/...
@0xfoobar @0xfoobar on x
@_Ryne_Miller App update confirmed, likely malicious to seek root access to further private keys. Delete it asap. Don't touch the website. Probably a compromised dev account. https://twitter.com/...
@cryptotony__ @cryptotony__ on x
If you have missed out on all the drama regarding FTX, then this really sums it up in 2 tweets 🙃 https://twitter.com/...
@captaindefi2 @captaindefi2 on x
I decompiled FTX app and they use React Native That is why they can require you to download an update without using Google Play / App Store Because the update is JavaScript 🧵 1/5 https://twitter.com/...
@tszzl Roon on x
can someone please leak ftx stimulants guide https://twitter.com/...
@leonidasnft @leonidasnft on x
FTX lied to millions of users, injected malware into their computers, gambled away billions of dollars, and just lost the rest in a hack, but don't worry, a guy who wrote several lines of code in the Tornado Cash contract is in jail and Sam is chilling on a beach.
@tradermayne Mayne on x
Looking at my FTX balance knowing I can't touch it. https://twitter.com/...
@magicaltux Mark Karpelès on x
FTX Japan reports assets of its Japanese users are safe. https://twitter.com/...
@tree_of_alpha @tree_of_alpha on x
Sam allegedly used custom CLI backdoors to alter financial books without it sending alerts to other employees & auditors. I shudder to even imagine the damage this lunatic would have done if we kept going and user funds on FTX grew 4-5x what they were before the rug.
@altcoinpsycho @altcoinpsycho on x
You know what would've been bad? If the hacker quietly installed a Trojan via the CSV you all downloaded for your trade activity. Imagine if they didn't move FTX funds, and just silently trojan'd. The amateurism of this exploit makes me think its probably just an inside job https…
@altcoinpsycho @altcoinpsycho on x
Does anyone have tangible proof that FTX is pushing a Trojan Virus via website / mobile app? Seeing a lot of sensationalism and “sources”, but nothing concrete yet
@litcapital @litcapital on x
apparently FTX wallets were hacked, rumors of SBF fleeing to South America, Reuters saying $1B of customer deposits are missing, Kyle Davies of 3AC resurfaced on twitter alright I'm gonna try to put the phone down
@kdenkss @kdenkss on x
FTX's collapse is going to live long in the memories. I was around for Mt Gox in 2012 and that was before the industry really penetrated the mainstream. This is such a disaster for crypto that FTX seems destined to become a synonym just like Enron did a generation ago. https://tw…
@sheldonevans Sheldon Evans on x
FTX operated like a bank. That's the problem. Crypto has nothing to do with this entire shitstorm. Wait till they learn that all banks operate with fractional reserves.
@davidinglestv David Ingles on x
This story keeps giving. FTX hit by a mysterious outflow of ~$660M in the past 24 hours. Nansen estimated the coins flowed out of both FTX's international and US exchanges https://www.bloomberg.com/... https://twitter.com/...
@quant_network Quant on x
With the issues besetting crypto exchanges like #FTX, a more grownup approach is needed. A 🧵 1/4
@parikpatelcfa @parikpatelcfa on x
Leaked photo of the FTX “hacker” https://twitter.com/...
@tayvano_ @tayvano_ on x
fwiw what I'm seeing on chain doesnt conflict with the story being told by FTX.... https://twitter.com/...
@hsakatrades @hsakatrades on x
Woke up and things have somehow gotten even more worse. Kidnapping, hacking, extortion? What the fuck is going on. https://twitter.com/...
@zachxbt @zachxbt on x
Appears a portion was “whitehat” funds. Would assume this is the 0x97 & 0xd8 address. https://twitter.com/...
@bitboy_crypto Ben Armstrong on x
SBF literally just hacked the remaining assets at FTX. Guarantee it's him. He's done this before (see my previous tweet). The fact he has not been arrested already shows negligence of @DOJPH & @SECGov. Do your FREAKING job.
@watcherguru @watcherguru on x
JUST IN: FTX telegram admins release statement saying the exchange has been hacked.
@rmac18 Ryan Mac on x
This ad just describes a Ponzi scheme right? Am I going insane how did this run. https://twitter.com/...
@raypaxful Ray Youssef on x
FTX US also “hacked”... pretty clear that @cz_binance didn't take down FTX, he just stirred the pot a bit and showed the emperor had no clothes. This was all Sam and his criminal cronies. We owe CZ a thank you from saving us from something worse.. a slow death for the entire spac…
@cointelegraph @cointelegraph on x
Crypto exchange Bitfinex leads by example by publicly listing 135 cold and hot wallet addresses as proof of reserve. https://cointelegraph.com/...
@coindesk @coindesk on x
Stablecoin issuer Tether has apparently blocked some funds tied to the FTX account drainer's wallets that sold tokens on Avalanche and Solana networks. By @shauryamalwa https://www.coindesk.com/...
@altcoindailyio @altcoindailyio on x
The signs were all there. #FTX #SBF https://twitter.com/...
@harrymccracken Harry McCracken on x
Between this and you know what, this has been a dumber week than some entire decades in tech history. https://www.coindesk.com/...
@novogratz Mike Novogratz on x
This is distressing. Who is running the place now? https://twitter.com/...
@adamscochran Adam Cochran on x
Yeah this is weird. Also the hack theory is weird, cause the Apple developer key to push updates would have to be on a Mac device which is super rare to connect to a hot system on the backend of an exchange... Still all points to inside job. https://twitter.com/...
@mikeisaac Rat King on x
DO NOT CROSS THE STREAMS https://twitter.com/...
@stackersatoshi Satoshi Stacker on x
WARNING: The admin of the FTX community chat states that FTX has been hacked, all funds are gone, and FTX apps have malware. Do not go to the site or use the app
@spectatorindex @spectatorindex on x
BREAKING: FTX's Telegram account claims the company's exchange has been hacked.
@thecryptolark Lark Davis on x
FTX being hacked, wallets being drained. Hopes of anyone getting anything seem unlikely. This is a shitshow and bad beyond belief for the industry. #bitcoin #crypto #frx
@mikeisaac Rat King on x
i was literally halfway through moneyball last screen in the FTX telegram chat before it seems to have been shuttered https://twitter.com/...
@dogetoshi Steven on x
@The_C_Hewitt Bridging MATIC to Polygon for better liquidity. When did this guy become so cognizant of slippage. Dude nuked stETH like it was nothing. https://twitter.com/...
@dogetoshi Steven on x
@The_C_Hewitt Hacker is surprisingly diligent this time selling only $6M of LINKS. $16.5M left. Wants to TWAP out I guess. https://twitter.com/...
@bitfinexed @bitfinexed on x
FTX “hacked”. What a happy fucking coincidence. https://twitter.com/...
@0xfoobar @0xfoobar on x
After swapping USDT for DAI (more censorship-resistant?), they just swapped $44 million of stETH for ETH, eating huge slippage. This is super sketchy, no liquidator would be taking actions like this https://twitter.com/...
@dylanleclair_ Dylan LeClair on x
Fraud running rampant. Millions of funds are currently flowing off of FTX. https://twitter.com/...
@bitboy_crypto Ben Armstrong on x
Alameda has always been about insider moves, why would this be any different? How tf are these people not arrested yet? 👇 Caroline Ellison Gary Wang Dan Friedberg John Wu Sam Bankman-Fried https://twitter.com/...
@dogetoshi Steven on x
Funds are again moving out from FTX. This time to a new wallet https://etherscan.io/... https://twitter.com/...
@tackettzane Zane Tackett on x
[Thread] FTX's former head of institutional sales looks at FTX's balance sheet and its options, including bankruptcy or issuing a token, and their pros and cons
@ozard_ofwiz Jim Panzee on x
what does one get for that behavior, usually, 200 years..? https://twitter.com/... https://twitter.com/...
@iamdcinvestor @iamdcinvestor on x
i am not sure what more i can say at this point https://twitter.com/... https://twitter.com/...
@sbf_ftx @sbf_ftx on x
1) What
@rbpfpolice @rbpfpolice on x
https://twitter.com/...
@sbf_ftx @sbf_ftx on x
2) H
@marceloclaure Marcelo Claure on x
I have been reflecting personally on the whole FTX fiasco and it taught me one more time that we should NEVER invest because of FOMO and we should always 100% understand what we are investing in. I totally failed here on both.
@coffeebreak_yt @coffeebreak_yt on x
This has to be one of most insane parts of this saga. FTX faking an order from the Bahama regulators to sneakily withdraw funds while everything was paused, only to have the Bahama regulator say that FTX was lying! https://twitter.com/...
@moskov Dustin Moskovitz on x
Two seemingly contradictory things I believe about the SBF situation: a/ The Effective Altruism community will need to have a strong response/crucible moment b/ The simplest explanation for his behavior does not imply utilitarianism means-justifying, as widely assumed. 1/15
@bondhack Robert Smith on x
https://twitter.com/...
@tree_of_alpha @tree_of_alpha on x
“The Securities Commission of the Bahamas said it did not direct, authorize or suggest that FTX process Bahamian users' withdrawals.” -The Block LOL OH COME ON
@cobie @cobie on x
@SBF_FTX 2) The
@billym2k Shibetoshi Nakamoto on x
this sums the last week up https://twitter.com/...
@loopifyyy @loopifyyy on x
son, let me tell you about the story of how this man created a 11-figure empire in the Bahamas and was eventually exposed to be consistently high on amphetamines with an inner circle all romantically involved with one another losing $10B of user funds in the span of a week https:…
@simondixontwitt Simon Dixon on x
#Clawbacks coming for these insider transactions. https://twitter.com/...
@kjspeakstruth Katanga Johnson on x
FTX's Sam Bankman-Fried was interviewed by Bahamian police and regulators on Saturday, according to a person familiar with the matter, but such inquiries don't automatically lead to arrest or charges. My latest @business reporting from The Bahamas: https://www.bloomberg.com/...
@icodrops @icodrops on x
Cointelegraph: FTX former CEO Sam Bankman-Fried, co-founder Gary Wang and director of engineering Nishad Singh are understood to be in the Bahamas and are “under supervision” by the local authorities. https://cointelegraph.com/... https://twitter.com/...
@cointelegraph @cointelegraph on x
Former FTX employees are planning to fly away from their problems, according to sources. But Dubai is no safe haven for U.S. fugitives owing to a bilateral agreement. Habibi, don't come to Dubai! https://cointelegraph.com/...

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The Securities Commission of The Bahamas says it didn't order FTX to reopen withdrawals for Bahamas-based customers, refuting FTX's statement

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