"DOJ Charges Three in $400M FTX Crypto Hack Conspiracy"

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Source: CNBC
"DOJ Charges Three in $400M FTX Crypto Hack Conspiracy"
Photo: CNBC
TL;DR Summary

Three individuals have been indicted for an identity theft conspiracy involving a $400 million hack from FTX cryptocurrency exchange. The alleged ringleader, Robert Powell, along with Carter Rohn and Emily Hernandez, are charged with wire fraud, aggravated identity theft, and access device fraud. The scheme involved stealing personal information, creating fake IDs, and accessing victims' accounts to steal money and data. The indictment aligns with details publicly known about the theft from FTX, which was collapsing at the time of the attack. Former FTX Chief Sam Bankman-Fried was convicted in November 2023 of conspiracy and wire fraud charges related to stealing $10 billion or more from customers.

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