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There was definitely a hack (perhaps in addition to government action). The FTX holdings database was wiped, and malware was hosted on their website and mobile

• taxman22 4y ago
  I don’t think malware was confirmed to be installed on FTX apps. They were just saying that IF it was hacked then the bad actors could add malware.
• yokem55 4y ago
  Yeah, the ftx coins were moved to two addresses. One is the one most folks were watching, where most of the non-eth funds were sold to eth on decentralized exchanges, and sometimes at really high slippage. The stable coins were all converted to DAI, which doesn't have any blacklist feature. This address is also a basic private key wallet, like metamask, not a multisig or contract wallet. None of this sounds like a regulator doing the bare minimum to preserve a company's assets for future bankruptcy liquidation. The other address that recieved substantial funds is a contract based multisig wallet, and it recieved everything that is truely a shitcoin. And that wallet hasn't sold or moved anything beyond the initial movement. On the night of the hack there was speculation that this was a whitehat rescue of the remaining tokens. To me this sounds more like there was both a hack, and a seizure to preserve what was left.
  • throwoutway 4y ago
    A hack or an insider? Sounds more like an insider to me