Topic: FTX has been hacked, delete the app, don't go to website - page 4. (Read 946 times)

100% inside job as a pro hacker that could be able to do something like that wouldn't send some of the hacked money to his Kraken account, which he allegedly did. Kraken chief security officer (that Nick Percoco guy) confirmed that they know who is behind that account.


https://twitter.com/c7five/status/1591433304871690242

Just imagine a case scenario where they couldn't be able to meet the withdrawal of their customers then came up with a story like this to escape the chaos their have gotten themselves into

Hacked is the most effective reason when got problem with exchange market, actually this common reason not adapted by exchange market only but also many altcoin project when get dump price drastically announced later with their project have been hacked. 

I think just try run away with hacked reason happen to FTX exchange market, although have confirmed with many tweet updated with FTX hacked.

Seems less opportunity to get fund back in FTX account after several day withdrawing still can't process yet, I think have been the end of FTX exchange era and disappointed with many user have much fund hold on FTX. Have official announcement from the owner resigned but he not confirmed yet about when withdrawing open yet with many user can't withdraw their assets.

It is a big possibility that the hacking was done by an insider, it can never be done by someone that doesn’t have an insight of the company. And it can also be done by someone that have worked in the company before. Everyone  should stay safe.

According to some people in social media, FTX has been hacked and users who have the app installed in their phones might be at risk for malware if they update this. It will be safer to delete it. It is also adviced to avoid going to the site because there might be trojans.

This is a public service announcement and I created this thread here in main bitcoin subforum on purpose where it will be seen by more people. Moderators can delete or move this thread later.

Is it the the main FTX or FTX USA as well, which have been hacked?

....Then after BlockFi also started looking sketchy and now this insider job scam as well I've given up editing it for now....

This is almost certainly an inside job, the way I see it. And with that, any shred of hope that FTX users had of recovering even a portion of their assets is gone.

You think this hack is bad, wait till Twitter gets hit since so many of their IT / Security people have been fired and quit.

But eliminating all other things I have been saying for years unless you have a controlled multiple verification setup for updating anything like this you are just asking for trouble.

It's time for: "Recent events should make you withdraw all your coins to your own wallet: Part 4".  

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Yes but as I posted someplace else, it's somewhat a false security.

Do you check the hash of the file you downloaded against what is posted?
Do you have automatic updates turned off on your phone and not update till people have verified the posted code is the same as what is in the app store / play store?

And as I posted in another thread unless there has been a 3rd party audit of how they push the update to the store this is all just security theater.

Think about it, if there are poor controls to upload the compiled file to the store then it's all pointless.
DaveF gets a job with bigwallet as their IT hardware person. It's open source, it's audited, it's amazing beautiful code.
Friday @ 4:30PM as everyone is leaving for the weekend I post a corrupt fund stealing compiled app to the app / play store and walk out of the building, head to the airport and fly to some island with no extradition. Saturday AM they have the bad wallet pulled but by then I have 1000s (10000s?) of BTC that were sent to me before anyone knew what happened. And I'm on a beach sipping drinks out of a coconut.

On the other hand the shitty closed source wallet needs 2 people with security dongles to log into the PC that updates the code that is in the app / play store.
You might not know what the code is, and it may be crap with bugs, but they at least know that what they wrote is what is up there.

However, since as far as I know NONE of them publish / publicly audit how they push updates to the stores it's all just trust.

You may feel differently. You may disagree. That is fine, but IMO it really needs to be discussed.

-Dave

Many people lose money in LUNA and now many people lost money again in FTX (particularly investing into FTT token).

I personally don't use that exchange and I'm only using Binance

Now, no matter how we take things here lightly, this is a very sad week for the whole cryptocurrency as this unfolding situation is a big blow to its core.

Of course, am not worried of its survival because it will but this can surely set us many years backward.

I’ve heard over 300 million dollars has already been taken. Possibly up to a billion dollars. Early speculation is that it’s an inside job by FTX employees or possibly even Sam trying to make a getaway. I’ll wait until we find out what really happened but it sounds like this is quickly on its way to becoming a Hollywood movie. Be careful out there!