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  • FTX Hack Mystery Possibly Solved: U.S. Charges Trio With Theft, Including Infamous Attack on Crypto Exchange
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FTX Hack Mystery Possibly Solved: U.S. Charges Trio With Theft, Including Infamous Attack on Crypto Exchange

cryptovert February 2, 2024 1 min read

The
U.S.
federal
government
on
Wednesday
charged
three
people
with
a
yearslong
phone
hacking
conspiracy
that
culminated
in
the
infamous
theft
of
$400
million
from
FTX
as
Sam
Bankman-Fried’s
crypto
exchange
was
collapsing.

In
an
18-page
indictment
filed
in
D.C.
court,
prosecutors
accused
Robert
Powell,
Carter
Rohn
and
Emily
Hernandez
with
conspiracy
to
commit
wire
fraud
and
identity
theft
in
their
operation
of
a
SIM
swapping
ring
that
targeted
fifty
victims
between
March
2021
and
April
2023.

Their
most
notable
heist
came
on
Nov
11,
2022,
when
the
trio
siphoned
$400
million
from
an
unidentified
company.
Bloomberg,
citing
sources
familiar
with
the
matter,
said
that
company
was
FTX.



Read
more:




‘FTX
Has
Been
Hacked’:
Crypto
Disaster
Worsens
as
Exchange
Sees
Mysterious
Outflows
Exceeding
$600M

They
gained
access
to
an
employee
of
the
crypto
exchange
through
AT&T
and
transferred
out
hundreds
of
millions
of
dollars
worth
of
crypto.

The
charges
offer
a
solution
to
one
of
the
most
vexing
questions
left
in
the
FTX
saga:
what
happened
to
hundreds
of
millions
of
dollars
in
crypto
that

disappeared

in
the
exchange’s
darkest
hour,
right
after
it
filed
for
bankruptcy
protection.

Edited
by
Nick
Baker.

Continue Reading

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