U.S. Charges Three for FTX Hack: Unraveling the Crypto Mystery

• U.S. Government Accuses Trio in Major Crypto Heist
• Details of the Indictment
• Notable Heist and Its Aftermath
• Unraveling the FTX Case

U.S. Government Accuses Trio in Major Crypto Heist

The U.S. federal government has filed charges against three individuals in connection with a high-profile case involving the theft of $400 million from a crypto exchange. The charges were filed on Wednesday, following what has been described as a prolonged phone hacking operation.

Details of the Indictment

An 18-page indictment was filed in a D.C. court, with the suspects identified as Robert Powell, Carter Rohn, and Emily Hernandez. The three are accused of conspiracy to commit wire fraud and identity theft. Prosecutors allege that their operation involved SIM swapping, targeting fifty victims between March 2021 and April 2023.

Notable Heist and Its Aftermath

The most significant theft attributed to the trio occurred on Nov 11, 2022, when $400 million was siphoned off from a company that has not been officially named. However, information from insiders suggests that this company was FTX$3.28 -5.38%, a prominent crypto exchange.

Unraveling the FTX Case

The charges shed some light on one of the most perplexing aspects of the FTX case: the sudden disappearance of hundreds of millions of dollars in crypto during one of the exchange's most critical moments, not long after it applied for bankruptcy protection.

Edited by Jonathan Stoker