The US Department of Justice has launched an investigation into a major FTX hack during the exchange’s final days of operation. FTX reported $400 million in damages, but prosecutors think it could be much higher.
Suspicions regarding a controversial FTX hack that occurred during the exchange’s meltdown are reaching a climax. The former CEO, Sam Bankman Fried, said he suspected several people were involved in the venture.
Now, experts suggest digital fingerprints left behind by attackers point to a calculated inside job, prompting the US DOJ to look into it. prosecutors are doing this amid an ongoing case against ftx Founder and ex-CEO Sam Bankman Fried, who is accused of defrauding the US and misappropriating customer funds.
The US DOJ couldn’t be farther from the truth, as several FTX employees also reported suspicious outflows from the exchange between November 11 and November 12. community members.
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