DOJ Says FTX's Missing $400M Hacked in Sim-swap Modus

When more than $400 million worth of crypto was mysteriously pulled out of the coffers of what was once the worlds biggest cryptocurrency exchange, FTX, on the very day that it declared bankruptcy in November of 2022, many initially suspected insiders at the company including, potentially, then CEO Sam Bankman-Fried, now convicted of fraud. But clues left across blockchains over the past year suggested that external thieves had chosen a particularly inconvenient moment during FTXs meltdown to pull off an enormous heist. Government Intervention New clues in a US Department of Justice...


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