Consultant Safeguards $500 Million for FTX Using Personal Wallet

1 year ago 358

In a swift response to a major security breach last year, the FTX cryptocurrency exchange protected a significant portion of its assets. Unusual withdrawals on Nov. 11, 2022, raised alarms among the FTX team. Consequently, the exchange reported losses exceeding $400 million. However, the timely intervention of Kumanan Ramanathan, a consultant from Alvarez & Marsall,

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Source: coingape.com
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