FTX

August 25, 2023

Kroll Employee SIM-Swapped for Crypto Investor Data

This post was originally published on this siteSecurity consulting giant Kroll disclosed today that a SIM-swapping attack against one of its employees led to the theft of user information for multiple cryptocurrency platforms that are relying on Kroll services in their ongoing bankruptcy proceedings. And there are indications that fraudsters may already be exploiting the stolen data in phishing attacks. Cryptocurrency lender BlockFi and the now-collapsed crypto trading platform FTX each disclosed data breaches this week thanks to a recent SIM-swapping attack targeting an employee of Kroll — the company handling both firms’ bankruptcy restructuring. In a statement released today, […]
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February 1, 2024

Arrests in $400M SIM-Swap Tied to Heist at FTX?

This post was originally published on this siteThree Americans were charged this week with stealing more than $400 million in a November 2022 SIM-swapping attack. The U.S. government did not name the victim organization, but there is every indication that the money was stolen from the now-defunct cryptocurrency exchange FTX, which had just filed for bankruptcy on that same day. A graphic illustrating the flow of more than $400 million in cryptocurrencies stolen from FTX on Nov. 11-12, 2022. Image: Elliptic.co. An indictment unsealed this week and first reported on by Ars Technica alleges that Chicago man Robert Powell, a.k.a. […]
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