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The Mystery of the $400 Million FTX Heist May Have Been Solved

An indictment against three Americans suggests that at least some of the culprits behind the theft of an FTX crypto fortune may be in custody.

An indictment filed last week details charges against three people—Robert Powell, Carter Rohn, and Emily Hernandez—who are accused of running a massive cybercriminal theft ring. According to prosecutors, Hernandez then obtained a fake ID with her photo but the name of her victim—potentially an FTX staffer—and presented it at an AT&T retail store in Texas to prove her identity as she requested that the staffer's account be transferred to her own phone. Nonetheless, if the alleged hackers were paid a portion of that sum in exchange for their work to steal it, that money might still be seized and repaid as restitution to FTX’s many creditors.

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