{"id":40194,"date":"2022-11-12T13:40:17","date_gmt":"2022-11-12T17:40:17","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=40194"},"modified":"2022-11-14T10:25:22","modified_gmt":"2022-11-14T14:25:22","slug":"600m-ftx-hacker-has-been-identified-by-krakens-cso","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/600m-ftx-hacker-has-been-identified-by-krakens-cso\/","title":{"rendered":"$600M FTX Hacker Has Been Identified By Kraken\u2019s CSO"},"content":{"rendered":"\n
Nick Percoco, CSO of Kraken Exchange<\/a> tweeted that his team had successfully identified the $600M FTX hacker.<\/h5>\n\n\n\n
\"$600M
$600M FTX Hacker Has Been Identified By Kraken\u2019s CSO<\/figcaption><\/figure>\n\n\n\n

The CSO of Kraken Exchange, Nick Percoco, tweeted that the Kraken team now knows the user's name who hacked FTX. <\/p>\n\n\n\n

How Kraken was able to recognize it with ease<\/h2>\n\n\n\n

Since the hacker used the exchange to dump the stolen funds, Kraken's KYC<\/a> (Know Your Customer) mechanism was sufficient for the Kraken team to be able to identify the hacker. Mario Nawfal, the founder and CEO of IBCgroup.io, stated on Twitter that it is very likely that the hacker is an incompetent insider.<\/p>\n\n\n\n

\n

We know the identity of the user.<\/p>— Nick Percoco (@c7five) November 12, 2022\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a><\/blockquote>

FTX “Hacker” just funded his TRX<\/a> wallet from Kraken, according to a well-known YouTuber and supporter of cryptocurrencies and NFT named Satoshi Stacker.<\/p>\n\n\n\n

\n

BREAKING:

The FTX \u201dHacker\u201d just funded his TRX wallet from Kraken.

The same wallet that holds the stolen funds.
This means Kraken should have enough information to track down this individual\/Individuals together with law.

If it\u2019s Sam this is basically him not caring.<\/p>— Satoshi Stacker (@StackerSatoshi) November 12, 2022<\/use><\/svg><\/span><\/a><\/blockquote>

Tobias Silver, the creator of just.money, was praised by Dyma Budorin, the CEO and co-founder of Hacken.io, for his exhaustive examination of the FTX Tron accounts.<\/p>\n\n\n\n

\n

TLDR: insider is behind @FTX_Official<\/use><\/svg><\/span><\/a> rug pull \/ exit scam

Great thread that proves to me that #ftx<\/use><\/svg><\/span><\/a> #hack<\/use><\/svg><\/span><\/a> is an insider job:
– too slow
– stupid mistakes
– kraken account involved
– hacker would have acted earlier

Great job @TobiasSilverJM<\/use><\/svg><\/span><\/a> to spot this https:\/\/t.co\/h0PT8fBD9I<\/use><\/svg><\/span><\/a><\/p>— Dyma Budorin \ud83c\uddfa\ud83c\udde6 (@buda_kyiv) November 12, 2022<\/use><\/svg><\/span><\/a><\/blockquote>

Budorin came to the conclusion that an insider is responsible<\/use><\/svg><\/span><\/a> for (the FTX) rug pull or exit fraud due to the hacker's incapacity. Kraken and law enforcement will presumably work together from this point on to find and find the identified person.<\/p>\n\n\n\n

The FTX Hack Scandal Hours after the crypto exchange announced its intention to file for chapter 11 bankruptcy on a voluntary basis, reports of a $600 million hack started to circulate. Prior to the attack, Sam Bankman-Fried <\/a>also submitted his resignation as CEO of the crypto exchange.<\/p>\n\n\n\n

It added that there are about 130 more FTX-related entities who are parties to the proceedings. According to rumors, the defunct cryptocurrency exchange has lost almost $1 billion in client deposits, and it's suspected that Bankman-Fried used a “backdoor” in the company's accounting system to steal money in private.<\/p>\n","protected":false},"excerpt":{"rendered":"

Nick Percoco, CSO of Kraken Exchange tweeted that his team had successfully identified the $600M FTX hacker. The CSO of Kraken Exchange, Nick Percoco, tweeted that the Kraken team now knows the user’s name who hacked FTX. How Kraken was able to recognize it with ease Since the hacker used the exchange to dump the […]<\/p>\n","protected":false},"author":43,"featured_media":40196,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32,11476],"tags":[778,1671],"class_list":["post-40194","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-exchange-news","category-hacks-and-scams","tag-ftx","tag-kraken"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/11\/jpg_20221112_181240_0000.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/40194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=40194"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/40194\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/40196"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=40194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=40194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=40194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}