The FTX account drainer swapped around $6M worth of ETH for wrapped Bitcoin.
Ethereum’s price is trading below $1,200 on Sunday, charting a decrease of around 3.5% in the past 24 hours.Data from the popular security resource, PeckShield,The “FTX Account Drainer” dumped around $6 million worth of ETH and bought 357 renBTC.This is causing pressure on ETH’s spot price, which is currently down some 3.5% for the past 24 hours.that the Securities Commission of the Bahamas assumed control of associated assets.
On 12 November 2022, the Securities Commission of The Bahamas, in the exercise of its powers as regulator acting under the authority of an Order made by the Supreme Court of The Bahamas, took the action of directing the transfer of all digital assets of FTX Digital Markets to a digital wallet controlled by the Commission, for safekeeping.
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