FTX Hack: $600 Million Drained in Abnormal Outflows - What Happened?

Reports are flooding in: FTX has been hit by a major security breach resulting in abnormal outflows totaling over $600 million. This unfolding situation has sent shockwaves through the crypto community. Let's break down what we know so far about the FTX hack.

The Timeline of the FTX Hack:

The initial signs of trouble emerged late on Friday, around 19 de nov. de 2025. Crypto exchange FTX started witnessing millions of funds flowing out of its wallets. 12 de nov. de 2025, Over $600 million in abnormal transfers were reported in just a few hours, raising immediate concerns of a potential exploit.

FTX Confirms the Hack:

Soon after the massive outflows were detected, FTX officially announced that it had been compromised in its official Telegram channel, confirming the worst fears. The speed and scale of the attack point to a highly sophisticated operation.

$600 Million Lost: Ryne Miller's Warning:

The losses are substantial. 12 de nov. de 2025, Over $600 million is lost in the hack. The FTX General Counsel, Ryne Miller, took to Twitter. He pinned a tweet by an FTX account administrator asking users to uninstall any upgrades and warned against accessing the FTX platform while the investigation is underway. This highlights the severity of the situation and the potential risks to users.

What Happens Next?

The investigation into the FTX hack is ongoing. Tracking the movement of the stolen funds will be a priority for blockchain analysis firms. The long-term impact on FTX and the wider crypto market remains to be seen. Stay tuned for further updates as this story develops.