FTX: It Got So Much Worse Friday Night

Hundreds of millions in customer funds that were held in FTX wallets were moved last night and most of it wasn't from the liquidation team. Some say hacker. But this is almost certainly an inside job.

If, like me, you thought this FTX meltdown saga was close to its conclusion with the announcement of Chapter 11 bankruptcy proceedings yesterday, boy was that wrong. Late last night ethscan sleuths monitoring FTX’s wallet addresses started to point out odd fund movements.