Automated crypto trading bot provider 3Commas issued a security alert after identifying certain FTX API keys being used to perform unauthorized trades for DMG cryptocurrency trading pairs on the FTX exchange.

3Commas and FTX conducted a joint investigation in relation to reports from users of unauthorized trades on the DMG trading pairs on FTX. The duo

FTX recently partnered with Visa to roll out debit cards in 40 countries worldwide. The partnership allows FTX users to pay for goods and services using debit cards that boast “zero fees” and no yearly charges.

The market reacted to the development as the FTX token spiked 7%, momentarily reaching a trading price of $25.62.