FTX founder Sam Bankman-Fried reportedly denied speculative reports that he had flown to South America after the cryptocurrency exchange filed for bankruptcy.
denied speculation on Twitter that he had flown to South America after the cryptocurrency exchange filed for bankruptcy.
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during the Institute of International Finance annual membership meeting in Washington, DC, US, on Thursday, Oct. 13, 2022.Reuters reported, citing two people familiar with the matter, that at leastWhen asked about the missing funds, Bankman-Fried responded: "???"Also on Saturday, FTX said that it was moving funds into offline storage after reporting "unauthorized transactions.
Cold storage refers to crypto wallets that are not connected to the internet to guard against hackers.
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