FTX funds on the move as thief converts thousands of ETH into Bitcoin

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTEvODRkNDQ5MDktZjczYS00YTZhLTliOTYtMjc4YjMwNzE2NTZjLmpwZw==.jpg"></p><p>According to Chainalysis, “Reports that the funds stolen from FTX were actually sent to the Securities Commission of The Bahamas are incorrect.”</p>