“All funds gone” – FTX telegram admins release statement saying the exchange has been hacked

Information reaching Kossyderrickent has it that FTX telegram admins release statement saying the exchange has been hacked.

FTX_Official & FTX US’s wallets appear to be hacked, with over $600 million leaving the exchange, per CoinDesk.

FTX has stated in its official Telegram channel that it had been hacked, instructing users not to install any new upgrades & to delete all FTX apps.

Just as things seemed like they couldn’t get worse, FTX just announced they have been hacked.

The confidence lost in the crypto industry by retail and institutional investors over the last 72 hours may never be restored.

This is a catastrophe for everyone involved.