
On Friday night, as the weary crypto world was ready to pack it in after the industry’s most eventful week on record, news began to filter in around 9:45 p.m. Eastern Time that hundreds of millions of dollars were flowing out of FTX wallets.
“Hack or insider actions?” tweeted foobar, a popular figure on Crypto Twitter, along with a screenshot showing the movement from the blockchain explorer Etherscan. “They seem to be moving everything.”