• FTX, a defunct cryptocurrency exchange, reported that its claims agency Kroll had a cybersecurity breach resulting in the exposure of limited customer data.
• Kroll is educating those affected by the incident and monitoring the situation to ensure funds and passwords are not impacted.
• Consumers of FTX have already received bogus emails and their personal data has been hacked.
FTX Reports Cybersecurity Breach
FTX, a defunct cryptocurrency exchange, has reported that its bankruptcy case claims agency Kroll had a cybersecurity breach resulting in the exposure of limited customer data. The situation is being actively monitored to ensure that funds, systems, and account passwords are not impacted.
Kroll In Contact With Affected Individuals
Kroll is currently educating those affected by the cybersecurity incident about the precautions they may take to ensure their security. Additionally, FTX’s debtors have opened a line of communication with Kroll and are closely monitoring the situation as it develops. Customers are urged to be vigilant about emails that could be fake or scams that pretend to be from companies going through bankruptcy.
Impact on Ongoing Bankruptcy Case
The data breach involving Kroll has had a significant impact on the ongoing bankruptcy proceedings for Celsius Network, another cryptocurrency lending platform also in Chapter 11 bankruptcy proceedings as email records were exposed. Consumers of FTX have also received bogus emails and their personal data has been hacked.
Increase Crypto Holdings with Galaxy Digital
FTX is seeking to increase its crypto holding through selling, staking and hedging with help from Galaxy Digital while it is still too early to tell how this breach will affect its restructuring efforts in court or if customers will be compensated for any losses incurred due to identity theft or financial fraud related activities stemming from this incident.
Ultimately, FTX customers should remain vigilant when dealing with emails that could potentially be scams pretending to come from companies undergoing bankruptcy proceedings such as FTX or Celsius Network. It is important for all users involved in these cases to take extra steps towards protecting their own information until more news about this issue becomes available over time.