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FTX: Over $400m Stolen from Bankrupt Exchange
Thursday, January 19, 2023
These carry a combined maximum jail term of over 100 years.
ImmuniWeb founder Ilia Kolochenko argued that although an external intrusion was possible, it would be prudent to remain skeptical about the cause of the $415m heist.
“In view of the notorious context, we may actually have at least three interrelated hypotheses: a genuine data breach by unknown cyber threat actors; a sophisticated embezzlement of funds disguised as an external data breach; and an external data breach facilitated by malicious insiders not necessary affiliated with the FTX management,” he argued.
“Therefore, a scrupulous investigation by a competent and independent cybersecurity company is required prior to making any conclusions.” Read Full Article
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