FTX backdoor reportedly discovered by US-based employees: WSJ
Alameda Research's former CEO Caroline Ellison is said to have confirmed knowledge of the use of customer funds.
Track crypto bankruptcies, restructurings, creditor updates, and court filings tied to failed exchanges, lenders, and digital asset firms.
Once an industry poster boy, Sam Bankman-Fried is accused by government prosecutors of orchestrating one of the biggest scams in modern history.
Plans for a relaunch have been underway since at least August.
The FTX attacker transferred a significant portion of the funds via privacy tools like THORChain and RailGun.
The company previously opened the claims process to BlockFi Wallet users.
The exchange claimed to have sent the funds to a liquidity reserve to mitigate customer risk during market volatility.
Celsius challenges Galaxy's hefty fees for holding miniscule crypto assets amid bankruptcy proceedings.