FTX Derivatives Exchange Temporarily Freezes Accounts of Users Affected by Kroll Breach
FTX Derivatives Exchange has decided to freeze accounts of users affected by the recent Kroll cybersecurity breach. The exchange has taken this precautionary measure to prevent any further damages or recurrence of the hack. Users are advised not to modify their claims or accepted schedules, as all filed claim data submitted via the Kroll customer claims portal are intact and valid.
- FTX freezes accounts of users impacted by Kroll breach
- Precautionary measure to prevent further damages
- Claim data submitted via Kroll portal remains intact
- Users advised not to modify their claims or schedules
- FTX promises to provide additional information in due course
Kroll Restructuring Administration, the claims and noticing agent for FTX’s bankruptcy proceeding, suffered a breach compromising non-sensitive data of claimants. FTX’s account passwords, systems, and funds were not affected. However, FTX customers have reported receiving phishing emails and their personal data may have been compromised. Similarly, Friend.tech, a decentralized social network, also experienced a data breach. Users are advised to be cautious and vigilant about their online security.
Hot Take: The recent cybersecurity breaches in the crypto industry highlight the importance of strong security measures and user vigilance. It is crucial for users to safeguard their personal information and be cautious when granting access to third parties.
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