Tag: FTXs

  • FTX’s scrapped relaunch raises alarm on legal team’s profits

    Former Securities Exchange Commission (SEC) official John Reed Stark has suggested that the FTX restructuring plan might be a way for the legal team to profit from the bankruptcy process. In a post on X social media platform, Stark said all FTX customers should receive a sarcastic “Thank You” note from the bankrupt exchange’s legal…

  • FTX’s $400M hack linked to SIM swap attack, feds charge 3

    The $400 million hack of FTX in the hours after its bankruptcy has been linked to three people charged last month by United States prosecutors, alleging they conducted a series of SIM swap attacks that netted them cryptocurrency.  A Jan. 24 filing in a Washington, D.C. District Court U.S. federal prosecutors charged Robert Powell, Carter…