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

  • February 28, 2024
FTX Hack Mystery Possibly Solved: U.S. Charges Trio With Theft, Including Infamous Attack on Crypto Exchange

The U.S. federal government on Wednesday charged 3 individuals with a yearslong phone hacking conspiracy that culminated in the notorious theft of $400 million from FTX as Sam Bankman-Fried’s crypto exchange was collapsing.

In an 18-page indictment submitted in D.C. court, district attorneys implicated Robert Powell, Carter Rohn and Emily Hernandez with conspiracy to devote wire scams and identity theft in their operation of a SIM switching ring that targeted fifty victims in between March 2021 and April 2023.

Their most significant break-in began Nov 11, 2022, when the trio siphoned $400 million from an unknown business. Bloomberg, mentioning sources knowledgeable about the matter, stated that business was FTX.

They got to a worker of the crypto exchange through AT&T and moved out numerous countless dollars worth of crypto.

The charges use an option to among the most vexing concerns left in the FTX legend: what occurred to numerous countless dollars in crypto that vanished in the exchange’s darkest hour, right after it declared personal bankruptcy defense.

Modified by Nick Baker.

ยป …
Learn more