NFT Insider

2022-11-13 20:36:37 #BreakingNews

AAX derivatives exchange from Hong Kong announced that it would suspend all operations, including trading and withdrawals. It is expected to take 7-10 days to proofread and restore user assets. AAX's trading volume used to rank in the top 20 in CoinGecko.

@Telonews_en Open / Comment

2022-11-13 04:37:57 Incase you missed it, here are some facts about the ongoing FTX STORY.

1. FTX did not have a board of directors, just SBF's inner circle operating the company out of a penthouse in the Bahamas.

2. FTX donated $40 million to the Democrats.

3. FTX Chief Lobbyist has deleted his Twitter account.

4. FTX worked with auditing firm Prager Metis that has an office in the Metaverse.

5. SBF closed a funding round while playing League of Legends.

6. FTX org chart is very complex

7. FTX new CEO was former Enron bankruptcy lawyer

8. FTX is a World Economic Forum partner

9. SBF investments span the ecosystem

10 FTX purchased $300 million in real estate including in the "playground of the rich" Albany, Bahamas.

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2022-11-13 03:41:25 From Twitter v. Elon Musk (2022), a set of exchanged messages ultimately from SBF and Elon Musk has been leaked and is holding the spotlight amid the FTX meltdown.

Sam offered to put up $3 billion in an effort to help Elon take over Twitter but was rejected by Elon himself.

In a tweet recent tweet, Elon said "He set off my bs detector, which is why I did not think he had $3B.

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2022-11-13 00:41:31 As more and more stories of FTX unfold, Reuters confirmed that SBF made a backdoor to its accounting software and moved over $10 billion in funds from FTX to Alameda Research without anyone knowing, $1 to $2 billion is reported to be customer funds.

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2022-11-12 21:50:43 Nick Percoco, Chief Security Officer of Kraken said, "we know the identity of the user." Earlier today, when the exploit took place, and the hacker was draining funds in TRX tokens, s/he ran out of gas fees, and thus, s/he transferred 499 TRX from the Kraken exchange.

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2022-11-12 10:08:22 $3.9 million USDT on AVAX and $27.5 million USDT on SOL of the FTX attacker’s has been blacklisted by Tether.

@Telonews_en | #Exclusive Open / Comment

2022-11-12 09:45:54 Could it really be an insider job?
Some people are suggesting that FTX CTO may be behind this hack. He has made significant contributions (19) to Github yesterday and his LinkedIn page was also deleted.

@Telonews_en | #Exclusive Open / Comment

2022-11-12 09:45:44 After the FTX hack, tokens were drained into two accounts.

1st Address: About $260 million
2nd Address: About $360 million

It is almost certain that the first address belongs to the hacker as the coins were directly sold.

The second address is just accumulating coins without selling, so it is still unclear whether it is owned by FTX or hackers.

@Telonews_en Open / Comment

2022-11-12 09:04:03 FTX auditor Prager Metis is a mid-sized firm listing 24 operation locations, including the metaverse location in Decentraland, and seems to be a proud sponsor of DCLBabyDolls, according to their Twitter feed.

Prager Metis reported that FTX had earned $1 billion in revenue in 2021, which justified venture capital companies like Sequoia to make $150 million investments.

Many critics assume that the eleven-figure hole in FTX's books resulted from a lack of oversight and led SBF to conceal possibly fraudulent behavior.

As a result of FTX's fall, Prager Metis retrieved its post about the partnership with FTX from its website and has not answered any media’s calls.

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2022-11-12 08:51:25 #BreakingNews
FTX Telegram admins release statement saying the exchange has been hacked.

Multiple people are warning users to delete the FTX app immediately.

Yet, a lot of people seem to be questioning whether their claim is true or not.

@Telonews_en | Source Open / Comment