FTX creditors are facing phishing attacks amid the ongoing legal turmoil surrounding the collapse of the cryptocurrency exchange. These fraudulent emails promise a quick withdrawal of locked assets after the bankruptcy of the exchange.
According to a report by L CointelegraphThese phishing emails encourage creditors to move their cryptocurrency holdings to specific wallets, bypassing the long waiting period and ongoing legal complexities of bankruptcy proceedings.
In addition, the fraudulent emails deceive creditors, stating that as “priority customers”, they can accelerate the withdrawal of crypto assets directly from the FTX platform. These harmful actions have prompted FTX creditor advocates to issue a warning against clicking on any suspicious links.
Notably, this is not the first time FTX creditors have been subjected to phishing schemes. In August, the exchange confirmed a security breach involving Kroll, a bankruptcy claims agent, which left the personal information of several clients at risk.
These attacks occurred when FTX proposed a solution that could enable users to recover nearly 90% of their assets starting next year. FTX customers recently reported receiving phishing emails falsely claiming to be from FTX entities, including FTX Trading, West Realm Shires Services, and FTX EU.
One example of such an email, as quoted by
CointelegraphRead: “We are pleased to offer valued Priority Clients of FTX Trading Ltd., West Realm Shires Services Inc. and FTX EU Ltd., a special opportunity starting today, October 20, 2023. As a Priority Client, you can now undergo the process of withdrawing your assets on the FTX and deposit it directly into your wallet, eliminating any waiting period and court results.”
Meanwhile, new evidence has revealed that Sam Bankman Faried (SBF) and his associates donated a staggering $50 million during the 2022 US election to politically active non-profit groups that keep donor names secret. CNBC mentioned. These groups have connections to prominent leaders in the Senate, such as Mitch McConnell and Chuck Schumer, among others.
Sam Bankman Fried’s “dark money” donations.
SBF, FTX, and at least two of their former colleagues were major contributors to nonprofits allied with influential senators from both political parties. These organizations, known as “dark money” groups, operate secretly and do not reveal the identities of their donors.
Political donations to SBF crossed party lines. He allegedly donated large sums to both Republican and Democratic affiliated groups. For example, he contributed $10 million to One Nation, a group linked to Mitch McConnell, using an Alameda Research account.
Additionally, he reportedly gave $8.5 million to Majority Forward, an organization allied with Chuck Schumer. Public Prosecution documents cited by him CNBC It indicates that at least $6 million of that amount came from Alameda Research.
FTX creditors are facing phishing attacks amid the ongoing legal turmoil surrounding the collapse of the cryptocurrency exchange. These fraudulent emails promise a quick withdrawal of locked assets after the bankruptcy of the exchange.
According to a report by L CointelegraphThese phishing emails encourage creditors to move their cryptocurrency holdings to specific wallets, bypassing the long waiting period and ongoing legal complexities of bankruptcy proceedings.
In addition, the fraudulent emails deceive creditors, stating that as “priority customers”, they can accelerate the withdrawal of crypto assets directly from the FTX platform. These harmful actions have prompted FTX creditor advocates to issue a warning against clicking on any suspicious links.
Notably, this is not the first time FTX creditors have been subjected to phishing schemes. In August, the exchange confirmed a security breach involving Kroll, a bankruptcy claims agent, which left the personal information of several clients at risk.
These attacks occurred when FTX proposed a solution that could enable users to recover nearly 90% of their assets starting next year. FTX customers recently reported receiving phishing emails falsely claiming to be from FTX entities, including FTX Trading, West Realm Shires Services, and FTX EU.
One example of such an email, as quoted by
CointelegraphRead: “We are pleased to offer valued Priority Clients of FTX Trading Ltd., West Realm Shires Services Inc. and FTX EU Ltd., a special opportunity starting today, October 20, 2023. As a Priority Client, you can now undergo the process of withdrawing your assets on the FTX and deposit it directly into your wallet, eliminating any waiting period and court results.”
Meanwhile, new evidence has revealed that Sam Bankman Faried (SBF) and his associates donated a staggering $50 million during the 2022 US election to politically active non-profit groups that keep donor names secret. CNBC mentioned. These groups have connections to prominent leaders in the Senate, such as Mitch McConnell and Chuck Schumer, among others.
Sam Bankman Fried’s “dark money” donations.
SBF, FTX, and at least two of their former colleagues were major contributors to nonprofits allied with influential senators from both political parties. These organizations, known as “dark money” groups, operate secretly and do not reveal the identities of their donors.
Political donations to SBF crossed party lines. He allegedly donated large sums to both Republican and Democratic affiliated groups. For example, he contributed $10 million to One Nation, a group linked to Mitch McConnell, using an Alameda Research account.
Additionally, he reportedly gave $8.5 million to Majority Forward, an organization allied with Chuck Schumer. Public Prosecution documents cited by him CNBC It indicates that at least $6 million of that amount came from Alameda Research.