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Multiple sources have confirmed that following the discovery of an $8 billion hole in the once-leading, now-bankrupt exchanges finances, $477 million was stolen by hackers.
The Wall Street Journal (WSJ) reported that more than $500 million (€482 million) of crypto funds appear to be missing, Adding to the collapse were reports that nearly $500 million went missing from FTX’s accounts on Saturday — a day after it filed for Chapter 11 bankruptcy protection in Delaware — with authorities unsure if the funds were stolen by hackers or misappropriated by FTX executives. Citing crypto analytics firm Elliptic Enterprises who said the funds had been moved out from the platform in “suspicious circumstances.”
Miller added that the company took “precautionary steps to move all digital assets to cold storage… to mitigate damage upon observing unauthorized transactions. “John Ray, who was appointed on Friday as Chief Restructuring Officer and CEO of FTX following the removal of founder Sam Bankman-Fried, said “unauthorized access to certain assets has occurred.
“He said in a statement that an “active fact review and mitigation exercise was initiated immediately in response. “Ray added that FTX was coordinating with law enforcement and regulators and would “continue to make every effort to secure all assets, wherever located.”
WSJ reported that a rival crypto exchange, Kraken, said it knew the identity of the alleged hacker and would pass details to authorities.
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RoboFi (https://robofi.io/home/) is a Defi platform that envisions a marketplace for revolutionary Dao crypto trading bots. Through its IBO (Initial Bot Offering) system, community members can maximize their earnings in an easy, simple, and secure way. We create a safe and transparent environment based on blockchain technologies that help developers bring crypto trading bot platforms to the market. In addition, individuals will have easy access to these bot applications, thereby generating more earning opportunities. RoboFi ecosystem is fueled by the VICS token.
About VICS.
VICS token has a distinctive and enticing concept. VICS is the BEP-20 token, built on the Binance smart chain. It is a core utility token in the RoboFi ecosystem, the reliable crypto trading bot marketplace. One important utility is to own the governance token of DABots and participate in an IBO (Initial Bot Offering) to receive additional incentives. VICS is available on major exchanges for trading.
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