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in Politics

Three people indicted in $400 million FTX crypto hack conspiracy

by Editor February 3, 2024, 6:48 am 1.5k Views

Three people were indicted for an identity theft

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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 26-year-old alleged ringleader of the SIM-card swapping group that drained that crypto out of FTX’s virtual wallets, was ordered released on a $10,000 bond after a detention hearing…

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