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New clues suggest stolen FTX funds went to Russia-linked money launderers

Whoever looted FTX on the day of its bankruptcy has now moved the stolen money through a long string of intermediaries—and eventually some that look Russian in origin.

“It’s looking increasingly likely that the perpetrator has links to Russia,” says Elliptic's chief scientist and cofounder Tom Robison. “We can’t attribute this to a Russian actor, but it’s an indication it might be.”

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crypto, ftx