FTX officials

confirm hack

on exchange’s Telegram channel. November 12, 2022

FTX officials appeared to confirm rumors of a hack on the bankrupt crypto exchange's Telegram channel.

According to a message on Telegram,


has asked users to delete the app as it contains malware.


world’s second

largest crypto exchange FTX filed for bankruptcy after a week of uncertainty.

"FTX has been hacked,"

an account administrator in the FTX Support Telegram channel wrote in a message.

More than

$600 million

in crypto were withdrawn from FTX late Friday after it had filed for bankruptcy.

Some have even entertained the theory of an

insider job.

FTT token plunged from around

$22 to $2.2

in a matter of few days as FTX struggled to stay solvent.