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Three people indicted in $400 million FTX crypto hack conspiracy
- Three people were indicted for an identity-theft conspiracy that allegedly included the $400 million hack in late 2022 of doomed cryptocurrency exchange FTX, court records show. - Robert Powell, the alleged ringleader of the SIM-card swapping group, is due to appear in federal court in Chicago.
Three people were indicted for an identity-theft conspiracy that allegedly included the $400 million hack from FTX on the same day in November 2022 that the doomed cryptocurrency exchange filed for bankruptcy protection, court records show. Robert Powell, the alleged ringleader of the SIM swapping group that drained that crypto out of FTX's virtual wallets, is due to appear in Chicago federal court later Friday for a detention hearing. Three people were indicted for an identity-theft conspiracy that allegedly included the $400 million hack in late 2022 of doomed cryptocurrency exchange FTX, court records show.
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