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Ethereum World News
2022-12-23 17:18:44

Paxos Rescued $20 Million In Digital Gold From FTX Hack

Paxos Rescued $20 Million In Digital Gold From FTX Hack

Summary: FTX was hacked for hundreds of millions in cryptocurrencies a few hours after filing for bankruptcy. Paxos quickly froze 11,184 Paxos Gold (PAXG) tokens stolen from the crypto exchange following a request from U.S. Federal authorities The on-chain trust firm recovered roughly $20 million after tracking the assets to four Ethereum addresses. Paxos rescued $20 million in digital gold stolen from Sam Bankman-Fried’s crypto exchange FTX, per The Block. 11,184 PAXG Stolen From FTX An unknown hacker stole 11,184

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