FTX Hack Mystery Solved: Trio Charged with $400M Theft
TL;DR Summary
The U.S. federal government has charged three individuals with a phone hacking conspiracy, alleging their involvement in the theft of $400 million from FTX during the crypto exchange's collapse. The trio is accused of operating a SIM swapping ring and targeting fifty victims between March 2021 and April 2023, with the most notable heist being the siphoning of funds from FTX in November 2022. This development sheds light on the mystery surrounding the disappearance of hundreds of millions of dollars in crypto from the exchange during its bankruptcy protection filing.
Topics:business#crypto-exchange#cryptocurrencycybersecurity#ftx#identity-theft#phone-hacking#sim-swapping
- FTX Hack Mystery Possibly Solved: U.S. Charges Trio With Theft, Including Infamous Attack on Crypto Exchange CoinDesk
- The Mystery of the $400 Million FTX Heist May Have Been Solved WIRED
- DOJ charges trio for $400 million SIM-swapping hack targeting FTX The Block
- SIM-swapping ring stole $400M in crypto from a US company, officials allege Ars Technica
- Arrests in $400M SIM-Swap Tied to Heist at FTX? – Krebs on Security Krebs on Security
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