![Sam-Bankman-Frieds-FTX-Could-Have-Lost-Over-1B-During-Last.jpg Sam Bankman-Fried’s FTX Could Have Lost Over $1B During Last Year's Hack: Report](https://cryptotoptrends.com/wp-content/uploads/2023/10/Sam-Bankman-Frieds-FTX-Could-Have-Lost-Over-1B-During-Last-678x381.jpg)
Executives scrambled to move over $1 billion worth of various assets to different storage devices as the exchange was getting drained of funds, ultimately managing to save the majority of the money. This means a majority of the exchange’s entire balance was at risk of getting stolen, as per the report.
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