Skip to content

CryptoVert Blockchain App for iOS

Bitcoin, NFTs, News, and more!

Primary Menu
  • Crypto
  • Blockchain
  • NFT’s
  • Videos
  • Download App
  • Home
  • Crypto
  • FTX Hack Mystery Possibly Solved: U.S. Charges Trio With Theft, Including Infamous Attack on Crypto Exchange
  • Crypto

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

Previous: Bitcoin Steady at $43K as Tumbling U.S. Regional Bank Stocks Reignite Worries
Next: Prediction Markets Can Hedge Crypto Startups’ Regulatory Risk, Paradigm Says

Related Stories

U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act pitch
1 min read
  • Crypto

U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act pitch

June 19, 2026
Ex-Celsius CEO Mashinsky gets U.S. CFTC ban in final resolution with regulator
1 min read
  • Crypto

Ex-Celsius CEO Mashinsky gets U.S. CFTC ban in final resolution with regulator

June 19, 2026
Crypto for Advisors: Trading the bitcoin cycle
1 min read
  • Crypto

Crypto for Advisors: Trading the bitcoin cycle

June 19, 2026

You may have missed

Ex-Celsius CEO Mashinsky gets U.S. CFTC ban in final resolution with regulator
1 min read
  • Crypto

Ex-Celsius CEO Mashinsky gets U.S. CFTC ban in final resolution with regulator

June 19, 2026
U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act pitch
1 min read
  • Crypto

U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act pitch

June 19, 2026
Ethereum Foundation loses another key leader as co-executive director Hsiao-Wei Wang resigns
1 min read
  • Crypto

Ethereum Foundation loses another key leader as co-executive director Hsiao-Wei Wang resigns

June 19, 2026
Crypto for Advisors: Trading the bitcoin cycle
1 min read
  • Crypto

Crypto for Advisors: Trading the bitcoin cycle

June 19, 2026
  • Crypto
  • Blockchain
  • NFT’s
  • Videos
  • Download App
Copyright © All rights reserved. | MoreNews by AF themes.