![FTX Says It Moved Remaining Funds to Cold Wallets to 'Mitigate Damage' After 'Unauthorized Transactions' FTX Says It Moved Remaining Funds to Cold Wallets to 'Mitigate Damage' After 'Unauthorized Transactions'](https://cloudfront-us-east-1.images.arcpublishing.com/coindesk/5ZZSXIXNS5A5VID7I2YI2ZET2I.jpg)
FTX Says It Moved Remaining Funds to Cold Wallets to 'Mitigate Damage' After 'Unauthorized Transactions'
![FTX investigates 'unauthorized transactions' after millions go missing from crypto wallets | Engadget FTX investigates 'unauthorized transactions' after millions go missing from crypto wallets | Engadget](https://s.yimg.com/uu/api/res/1.2/CuTAGdKHA6PUVIBMkCXhlw--~B/Zmk9ZmlsbDtoPTU1MDt3PTg3NTthcHBpZD15dGFjaHlvbg--/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-uploaded-images/2022-11/a75d7540-6055-11ed-9fef-6b3fba1f9b15.cf.jpg)
FTX investigates 'unauthorized transactions' after millions go missing from crypto wallets | Engadget
![FTX says it's removing trading and withdrawals, moving digital assets to a cold wallet after a $477 million suspected hack FTX says it's removing trading and withdrawals, moving digital assets to a cold wallet after a $477 million suspected hack](https://image.cnbcfm.com/api/v1/image/107149786-1668095094544-gettyimages-1440531022-032a0334_6fa6eef2-518e-482d-a4ef-ca4e1684d38b.jpeg?v=1668291267&w=1600&h=900)
FTX says it's removing trading and withdrawals, moving digital assets to a cold wallet after a $477 million suspected hack
![A hacker behind unauthorized FTX crypto withdrawals has been identified, says rival exchange Kraken | Fortune A hacker behind unauthorized FTX crypto withdrawals has been identified, says rival exchange Kraken | Fortune](https://content.fortune.com/wp-content/uploads/2022/11/GettyImages-1242563881-1-e1668284149919.jpg)