Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Bloomberg: U.S. Department of Justice says FTX lost $400 million in SIM swapping attack

Bloomberg: U.S. Department of Justice says FTX lost $400 million in SIM swapping attack

CointimeCointime2024/02/02 00:08
By:Cointime

Robert Powell, Emily Hernandez, and Carter Rohn have been charged with planning a SIM card exchange attack fraud, in which they stole more than 400 million US dollars when FTX went bankrupt. According to the indictment submitted by the Department of Justice in the Washington Federal Court, Robert Powell, Emily Hernandez, and Carter Rohn collected personal data of about 50 victims and used this information to convince mobile service providers to transfer the victims' phone numbers to their fake phones. This allowed the three to intercept text messages - including multi-factor authentication codes - which allowed them to access the victims' financial accounts and encrypted wallets. The indictment did not mention FTX, but two people familiar with the case confirmed that "Victim Company-1" in the court documents is actually FTX.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!