FTX Announces Cybersecurity Breach
Defunct cryptocurrency exchange FTX has disclosed a cybersecurity breach involving its bankruptcy claims agent, Kroll. Specific claimants' limited non-sensitive customer data was exposed in the breach. FTX stated that it is actively addressing the situation and reassured users that their account passwords, systems, and funds remain unaffected.
Customer Data Exposed
FTX utilized the X platform on August 25th to notify customers and the public about the breach. The non-sensitive customer data of specific claimants involved in the ongoing bankruptcy case was compromised. Kroll, FTX's claims agent, is currently informing the affected individuals about protective measures they can take.
"The incident occurred at Kroll, and Kroll is notifying affected individuals directly with measures that customers can take to protect themselves. FTX account passwords were not maintained by Kroll, and FTX's own systems were not affected," FTX clarified.
Vigilance Against Fraudulent Emails
FTX Debtors have taken charge of the situation and are closely monitoring the developments. Kroll has assured the debtors that they have rapidly controlled and addressed the incident. Customers are warned to exercise vigilance against potential fraudulent emails from entities posing as part of the bankruptcy proceedings.
Blockchain investigator ZachXBT reported that FTX clients have already started receiving fraudulent emails, indicating that customers' personal information may have been compromised.
Celsius Network Data Breach Impacts Bankruptcy Process
Crypto lending platform Celsius Network, also facing bankruptcy, recently experienced a data breach that exposed its email records. This breach has had a significant impact on the ongoing bankruptcy reorganization process.
Partnership with Galaxy Digital
In the midst of this cybersecurity incident, FTX has partnered with Galaxy Digital, led by Mike Novogratz. The partnership aims to assist FTX in managing its selling, staking, and hedging activities to mitigate risks associated with market volatility and optimize returns from its Bitcoin holdings.
