FTX customers receive phishing emails after the SIM Swap attack: new challenges emerge for Sam Bankman-Fried
– FTX exchange customers are still facing problems accessing their capital on the exchange due to ongoing issues.
– Customers were targeted in a phishing attack shortly after the exchange was shut down.
– The attack resulted in the disclosure of personal data, such as account balances and contact information.
– Other crypto companies were also affected by the same attack.
– Customers were warned to be cautious of scammers attempting to take advantage of the situation.
Phishing emails threaten crypto balances: details
– Phishing emails claim to offer withdrawals of USDC tokens from users’ wallets.
– These emails provide a link to an external ERC20 wallet for the withdrawal.
– Connecting a wallet to the phishing email may result in the loss of tokens and sensitive data.
– The SIM swapping attack is a method used by scammers to steal personal information and valuable resources.
– Users should be cautious and avoid disclosing private keys or sensitive data.
Disputes over validity of witnesses in FTX case: experts proposed by Sam Bankman-Fried challenged
– The Department of Justice is seeking to exclude all expert witnesses proposed by Sam Bankman-Fried from testifying.
– Concerns include insufficient disclosure documents and potential misleading or irrelevant testimony.
– Bankman-Fried’s legal team is seeking to exclude an expert proposed by the Department of Justice.
– The validity of certain witnesses is being debated between the two sides.
– The Justice Department is arguing that some witnesses’ statements are inadequate or confusing.
Legal definitions and missing details in Bankman-Fried case
– The Justice Department is requesting the exclusion of Lawrence Akka’s testimony on the legal definition of “trust.”
– Lack of specific details in the testimonies of Brian Kim and Thomas Bishop makes their testimony unacceptable.
– Bradley Smith’s testimony is deemed unnecessary as it does not address the allegations being made.
– Smith’s attempt to explain legal concepts to the jury is also a reason for exclusion.
– The Justice Department considers Joseph Pimbley’s proposed testimony on FTX code as unnecessary.
Hot Take:
The ongoing challenges faced by FTX customers highlight the importance of maintaining strong cybersecurity measures in the crypto industry. The phishing attack and SIM swapping incident demonstrate the vulnerabilities that exist and the need for users to remain vigilant. Additionally, the disputes over witness validity in the FTX case further complicate the legal proceedings. Both sides are challenging the admissibility and relevance of proposed witnesses, emphasizing the complexity of the case. This ongoing legal battle will likely have significant implications for the crypto industry and its regulatory landscape.
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