Contrary to previous statements, a data breach involving FTX bankruptcy claims agent Kroll has led to the exposure of sensitive data.
A supposed Kroll Q&A summary released on August 30 revealed that various sensitive information of FTX users was compromised in a cyber-attack that FTX disclosed on August 24.
FTX had noted that Kroll did not store account passwords and that the company’s own systems and digital assets were unaffected. However, a day later, the bankrupt exchange announced it would temporarily suspend the accounts of impacted customers within the claims portal.
Kroll has since “addressed and resolved” the situation but cautioned users to remain on “high alert” for “fraud and scam” attempts that seem authentic using the stolen data. Shortly after the breach, several users reported receiving phishing emails posing as messages from Kroll.
FTX had over one million users when it filed for bankruptcy last November. On November 12, 2022, just a day after announcing its bankruptcy, FTX was hacked for nearly $400 million in a supposed internal operation, prompting an investigation by the U.S. Department of Justice.
The bankruptcy process has been criticized for its duration and expense, with over $32.5 million incurred in legal fees in February alone.
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