FTX US general counsel says he is investigating “abnormalities with wallet movements” after $380M+ in crypto left FTX and FTX US wallets on November 11 (CoinDesk)

Shaurya Malwa / CoinDesk:
FTX US General Counsel says the exchange has moved remaining funds to cold wallets to “mitigate damage” following a series of “unauthorized transactions”  —  Millions of dollars started to mysteriously move from FTX late Friday U.S. hours.

Elizabeth Howcroft / Reuters:
Binance says 2M BNB, worth ~$570M, were stolen from its BNB Chain in an exploit; “majority” of BNB are in the hacker’s wallet, ~$100M worth were “unrecovered”  —  Hackers have stolen around $100 million worth of cryptocurrency from a Binance-linked blockchain …

Sydney Morning Herald:
Medibank, Australia’s top health insurer, confirms a ransomware group has begun posting some stolen data of its 9.7M customers on a REvil-linked dark web forum  —  Normal text sizeLarger text sizeVery large text size  —  A ransomware group has begun posting customer data stolen …

Natalie Wong / Bloomberg:
A look at business email compromise scams in the US involving real estate, and the Secret Service team that helped recover $244M in stolen BEC funds since 2019  —  For weeks, the Secret Service agent had been trying to identify the scammers moving millions of stolen dollars through banks around the New York tri-state area.

Danny Nelson / CoinDesk:
Telegram CEO Pavel Durov says the messaging app plans to build a decentralized crypto exchange and noncustodial wallets  —  The messaging app is pushing ahead with its buildout of crypto infrastructure.  —  Messaging app Telegram has sold $50 million in usernames in less than a month through …

Cameron Thompson / CoinDesk:
Robinhood releases its non-custodial, Polygon-based crypto wallet, Robinhood Wallet, in beta to 10,000 users who signed up in May  —  Robinhood has been steadily moving away from its original “walled garden” approach to crypto over the past year.  —  No-fee trading platform Robinhood …