Arkham Intelligence Announces Bounty for Information on FTX Hack
Blockchain analytics company Arkham Intelligence has announced a bounty for information regarding the identity of the hacker responsible for compromising the now-defunct cryptocurrency exchange FTX. The company is offering a 100,000 ARKM bounty (worth over $46,000) to anyone who can identify the person or entity behind the hack. To participate, individuals need to deposit 10 ARKM, which will be returned to the person who provides the correct information.
Key Points:
– Arkham Intelligence is offering a 100,000 ARKM bounty for information about the FTX hacker’s identity.
– Participants must deposit 10 ARKM to prevent spam submissions.
– The deposit will be returned to the person who provides the correct information.
– Submissions must include research, public information, and cited sources to prove the conclusion is correct.
– FTX experienced a hack in November 2022, resulting in the loss of over $415 million in cryptocurrencies. The hacker’s identity remains unknown.
Despite the United States Department of Justice launching an investigation, no significant progress has been made in identifying the hackers responsible for the FTX hack. In December 2022, there were suggestions that it may have been an inside job. Users were even advised to avoid updating the FTX smartphone application to protect against potential viruses.
Hot Take
Arkham Intelligence’s bounty for information on the FTX hack highlights the ongoing challenges in identifying and prosecuting cybercriminals in the cryptocurrency space. It is crucial for companies and authorities to work together to uncover the identities of hackers and prevent future attacks. The anonymity offered by cryptocurrencies can make it difficult to hold individuals accountable, but initiatives like this bounty are a step in the right direction.
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