The post Who’s Behind the $400 Million FTX Hack? Truth Revealed appeared first on Coinpedia Fintech News
Three individuals are facing charges related to orchestrating a SIM-swapping scam that drained over $400 million from FTX following the exchange’s bankruptcy filing in November 2022. The attack occurred shortly after FTX’s founder, Sam Bankman-Fried, resigned.
The SIM-Swapping Operation
The Department of Justice charged Robert Powell, Emily Hernandez, and Carter Rohn with participating in a SIM-swapping ring that targeted FTX and other individuals over two years.
The trio from Illinois, Colorado, and Indiana, respectively, collected personal data from around 50 victims, convincing cell phone providers to transfer victims’ phone numbers to their control. This allowed them to intercept text messages, including multi-factor authentication codes, gaining access to victims’ financial accounts and crypto wallets.
While the indictment does not name FTX explicitly, individuals f
We współpracy z: https://coinpedia.org/news/whos-behind-the-400-million-ftx-hack-truth-revealed/
