NEW YORK — Collapsed cryptocurrency trading firm FTX confirms there has been 'unauthorized access' to its accounts, hours after the company filed for Chapter 11 bankruptcy protection. The embattled company's new CEO John Ray III says FTX is switching off the ability to trade or withdraw funds and taking steps to secure customers' assets, according to a tweet by FTX's general counsel Ryne Miller. FTX is also coordinating with law enforcement and regulators, the company said. Exactly how much money is involved is unclear, but analytics firm Elliptic estimated Saturday that $477 million was missing from the exchange.

https://www.timesofisrael.com/liveblog_entry/funds-disappear-at-imploding-crypto-exchange-ftx

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