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FTX

Nov 12, 2022

$450M
Lost
$450M
Recovered
$0
Net loss
$450M
Unrecovered0% recovered

On November 11-12, 2022, a SIM-swapping gang stole approximately $450M in crypto from FTX by walking into AT&T stores with fake IDs, hijacking employee phone accounts, intercepting 2FA codes sent to FTX users, and draining their wallets during the company's bankruptcy.

Target
CEX
Classification
Social Engineering
Technique
Phishing
Attribution
Unknown
Chains
EthereumSolana

Event timeline

  1. Nov 12, 2022
    Exploit executed — $450M drained via phishing
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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