FTX: Temporarily Freezes Accounts of Claiming Users Affected by Kroll Attack
FTX officials stated that in response to the network security incident involving Kroll, FTX has taken preventive measures, temporarily freezing user accounts affected in the customer claims portal, and will provide more information on the next steps in a timely manner.Previous news, FTX bankruptcy claims agent Kroll was attacked and some non-sensitive customer data was leaked.
FTX: Bankruptcy Claims Agent Kroll Hacked, Some Non-Sensitive Client Data Leaked
August 25th, FTX announced on its official social media platform that bankruptcy claims agent Kroll experienced a cybersecurity incident, which resulted in the non-sensitive customer data of some claimants in pending bankruptcy cases being leaked. Kroll is directly notifying affected individuals to be vigilant against fraudulent emails, while FTX's own system is not affected by this incident.
Data: The address controlled by the FTX liquidator received 25 million WLD a week ago, or the early investment share of SBF
On August 24th, according to Scopescan monitoring, the FTX liquidator's controlled address received 25 million WLD from Worldcoin, worth $37 million, a week ago. SBF is one of the early investors in Worldcoin, and this token may represent SBF's early investment share.
0xScope: The 7,000 ETH funds transferred by ParaFi Capital today may be related to FTX
On August 24th, according to Scopescan data monitoring, ParaFi Capital transferred 7,000 ETH to a Galaxy Digital related address, which may be related to FTX. It is understood that in the past month, the organization has received a total of $21 million worth of ETH from FalconX, Cumberland, Coinbase, and machibigbrother.eth.
Previously reported, FTX plans to cooperate with Galaxy, with Galaxy as FTX's advisor to help sell, pledge, and manage its $3 billion worth of crypto assets, making it easier to return USD assets to creditors.
Bankrupt FTX Seeks To Stake and Hedge Crypto Holdings With Help From Mike Novogratz’s Galaxy
Bankrupt cryptocurrency exchange FTX is seeking to hire Galaxy Digital, an investment advisor part of Mike Novogratz's crypto conglomerate, to help sell, stake, and hedge its $3 billion crypto holdings. FTX hopes to return funds to creditors in fiat currency and generate low-risk returns on idle digital assets through staking.
BlockFi Fights To Block FTX and 3AC From Retrieving Funds for Creditors
BlockFi, a bankrupt cryptocurrency lender, is opposing attempts by FTX and Three Arrows Capital (3AC) to retrieve hundreds of millions of dollars to pay back their creditors. BlockFi claims that its own creditors should not be pushed to the back of the line because FTX's creditors were allegedly harmed by the exchange misappropriating $5 billion BlockFi lent it.
FTX bankruptcy hearing will be held in the early hours of August 24
FTX Trading Ltd has submitted an agenda for the bankruptcy hearing to Judge John T. Dorsey of the Delaware Bankruptcy Court at 13:00 Eastern Time on August 23 (1:00 Beijing Time on August 24), which includes the latest progress of the bankruptcy case, a motion to establish a litigation claims procedure for resolving FTX's collapse, and several lawsuits against FTX insiders such as SBF.
The agenda lists a total of 15 items, of which 9 have been resolved through a court order submitted on August 18 and no longer require a hearing; six issues remain to be resolved, including a request for a settlement procedure and the latest status of the case.
SBF Asks To Be Released Five Days a Week To Prepare for Defense
According to Bloomberg News on August 19th, former CEO of FTX, SBF, requested to be released for five days every week to prepare for his defense case. SBF's lawyer, Christian Everdell, stated that it is necessary to allow SBF to meet with his lawyers and use a laptop with internet access in court to expedite the litigation process.
Prosecutors reveal evidence against FTX founder in crypto exchange collapse case
Prosecutors have revealed evidence they plan to use against SBF, founder of FTX, in relation to the November collapse of his crypto exchange. The evidence includes personal notes from Caroline Ellison, former CEO of his trading firm, Alameda Research, and his ex-girlfriend. Ellison's documents will be used to prove that SBF directed employees to illegally use FTX customer funds to plug holes in Alameda's balance sheet. <br>
Crypto Lawyer Raises Alarming Questions About Role of SBF's Parents in FTX Collapse
Crypto lawyer John Deaton has raised concerns about the involvement of SBF's parents in the collapse of FTX last year. Deaton has highlighted instances where SBF's parents benefited financially from the crypto exchange before its bankruptcy, leading to suspicions of their involvement in the alleged fraud. SBF had transferred $10 million to an FTX account under his name, which he then gifted to his father, Joseph Bankman, taking advantage of a lifetime estate and gift tax exemption. <br>
