Washington D.C., Feb 2, 2024: Federal authorities have charged three individuals with running a SIM-swapping conspiracy, potentially solving the mystery behind the infamous $400 million theft from crypto exchange FTX during its collapse in November 2022.
Key Points:
- Trio Accused: Robert Powell, Carter Rohn, and Emily Hernandez are alleged to have operated a SIM-swapping ring targeting 50 victims between March 2021 and April 2023.
- FTX Theft Alleged: While the indictment doesn't explicitly name FTX, Bloomberg sources confirm it was the unidentified company involved in the $400 million heist on November 11, 2022.
- SIM-Swapping Explained: The accused allegedly gained access to an FTX employee's phone number, allowing them to transfer out millions in cryptocurrency.
- Answer to Lingering Question: This development potentially clarifies the disappearance of a significant sum during FTX's bankruptcy filing, a major unanswered question in the saga.
Market Impact:
- This news could impact public perception of crypto security and potentially influence regulations surrounding exchanges.
- FTX itself and its founder, Sam Bankman-Fried, remain embroiled in separate legal matters.
Further Reading:
- Access the full indictment for detailed information HERE.
- Explore expert analysis and ongoing coverage of the FTX saga.
