Following the Kroll incident, crypto exchange FTX increases security on the claims portal.
Customers of the cryptocurrency exchange who experienced losses as a result of its collapse in November 2022 can once again access the FTX claims page in its entirety. After a hack on Kroll, the claims agent, the business froze a few user accounts in late August.
Claimants may now begin using the platform, FTX announced on Saturday in a post on X, formerly Twitter, updating the public on the situation and mentioning new security measures put in place to protect the portal.
FTX has unfrozen all impacted accounts following our study and evaluation of the recent Kroll cybersecurity issue.
After Kroll reported on August 25 that a cyberthreat actor had targeted a T-Mobile US account belonging to one of its workers, FTX swiftly terminated a number of accounts. The business called the occurrence a "highly sophisticated 'SIM swapping' attack" and provided the following justification:
Specifically, T-Mobile moved the employee's phone number to the threat actor's phone at their request without getting permission from or speaking to Kroll or its employee.
Kroll claims that it appears the attacker had access to some files that contained the personal data of those who had filed for bankruptcy in the FTX, Blockfi, and Genesis cases. It stressed that steps had been made to safeguard the compromised accounts and added that there was no proof that any other systems or accounts had also been affected.
In the meantime, FTX was given approval by a bankruptcy judge to sell its digital assets, which are worth more than $3.4 billion, in order to pay creditors. Its holdings include a variety of cryptocurrencies, including $1.16 billion in solana (SOL), $560 million in bitcoin (BTC), and $192 million in ethereum (ETH).
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