FTX working to secure assets after ‘unauthorized’ transactions

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New York (AFP) – The new CEO of troubled cryptocurrency platform FTX said Saturday the company was making “every effort to secure all assets” following unauthorized transactions potentially worth hundreds of thousands of dollars. “Unauthorized access to certain assets has occurred,” CEO John Ray said in a statement posted to Twitter by FTX’s general counsel, Ryne Miller. FTX officials did not detail the quantity of unauthorized transactions made, but cryptocurrency analysis firm Elliptic said in a report published Saturday that “$477 million is suspected to have been stolen.” More than “$663 m…

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