US Department of Justice Launches Investigation into $400M FTX Attack


The US Department of Justice has launched a criminal investigation into the hacking of the cryptocurrency exchange FTX.

Experts stated that when looking at the digital fingerprints left by the person who carried out the attack, they found indications that the attack was done from within.

Investigation from the US Department of Justice

According to Bloomberg’s report, the Ministry has launched an investigation into the $400 million attack on the night the Bahamas-based crypto exchange filed for bankruptcy.

Between November 11 and the early hours of November 12, large volumes of cryptocurrencies were seen exiting the cryptocurrency wallets of FTX and FTX US. FTX employees said they didn’t know where the transfers were coming from.

About an hour after the attack began, FTX General Counsel Ryne Miller tweeted that the company is “investigating anomalies with wallet movements.” Later, he used the following statements on his Telegram support channel:

“FTX has been hacked. FTX applications are currently a mallware. Delete them. Chat is open. Do not log in to the site as trojan may come from the FTX site”

FTX’s official Twitter account, on the other hand, remained silent throughout the confusion. On November 12, the company’s new CEO, John Ray, confirmed the hacking attack.

Blockchain experts say the simultaneous hacking of the FTX and FTX US websites raises suspicions that the perpetrator of the attack may have been someone from within the company.


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