The US Department of Justice has launched an investigation to elucidate the mystery surrounding the hack that took place the day after FTX filed for bankruptcy. The theft, which reaches almost 400 million dollars, however, seems to have originated within the FTX teams themselves.
The FTX hack soon elucidated?
According to exclusive information from our colleagues at Bloomberg, the US Department of Justice launched an investigation to elucidate the mysterious $372 million hack that took place the day after FTX went bankrupt.
Indeed, this had more or less been shelved following the countless revelations made by the new management of FTX concerning the dubious activities of the exchange, but FTX had suffered a hack worth several hundred million dollars on November 12, of which the origin still remains undefined.
So, in a few hours, transactions worth tens of millions of dollars were made from different wallets belonging to FTX and FTX.US, the American branch of the exchange. Some time later, Sam Bankman-Fried said it was likely an inside jobwhich had also been corroborated by a tweet from the official account of FTX dated November 20 evoking ” funds transferred without authorization “.
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Although the amount of funds stolen here remains much less than the billions of dollars diverted by SBF, in particular to finance trading operations on Alameda Research, this action may constitute an accusation of computer fraud, a misdemeanor punishable by 10 years imprisonment in the United States.
According to the information available, the investigation will be carried out by the National Cryptocurrency Enforcement Team, a branch of the US Department of Justice specializing in such cases. She will also work in tandem with federal prosecutors in Manhattan, which led to the arrest of Sam Bankman-Fried.
Last I heard, the crypto investigator ZachXBT revealed that part of the stolen funds had been sent to cryptocurrency mixers before being transferred to the OKX exchange. Lennix Lai, OKX’s general manager, replied that “ the team was investigating wallet flows “.
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