Last Updated on September 17, 2023 by Bitfinsider
The FTX claims site is back up and running after unfreezing user accounts affected by a recent cyber security attack targeting Kroll, the third-party agent processing creditor claims in the FTX bankruptcy.
FTX claimed that freezing customer accounts was a “precautionary measure” and that “additional security measures” had been installed on the claims platform in a statement announcing the resumption to normal business.
Kroll said in August that a “SIM swapping” exploit allowed a threat actor to access “certain files containing personal information of bankruptcy claimants in the matters of BlockFi, FTX, and Genesis.” Following the incident, Kroll froze affected user accounts, despite the fact that the company says that no FTX passwords or KYC information were compromised.
Customers with FTX have till September 29 to submit proof of claim to Kroll. While it is unclear how much creditor value will be recovered, the court in FTX’s bankruptcy case recently approved the estate’s intention to begin liquidating its digital assets.
Hardware wallets are safe and secure devices that can be used offline. They keep your cryptocurrency offline, making it impossible for you to be hacked. To find out more on the leading hardware wallets, you may view our reviews here: Ledger & Trezor
Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.
