FTX Reports Security Breach Involving Claims Agent Kroll

• FTX reported a cybersecurity breach involving its claims agent Kroll.
• Kroll is in contact with the affected individuals and taking appropriate steps to ensure security.
• Customers are being warned to be vigilant about phishing emails pretending to be from companies going through bankruptcy.

FTX Reports Cybersecurity Breach

FTX, a defunct cryptocurrency exchange, has reported that its claims agent Kroll experienced a cybersecurity breach which resulted in the exposure of limited, non-sensitive customer data of specific claimants.

Kroll Taking Steps for Security

Kroll is currently educating those affected by the incident about necessary precautions they can take to ensure their security and monitoring systems and account passwords to make sure they are not impacted.

Bogus Emails Issued

The insolvent crypto exchange alerted its clients, lenders, and public of the data breach on August 25th. According to blockchain researcher ZachXBT, consumers of FTX have already started receiving bogus emails and their personal data has been hacked as well.

Impact on Bankruptcy Case

Celsius Network, another cryptocurrency lending platform undergoing Chapter 11 bankruptcy proceedings also faced a similar data breach which had a significant impact on their bankruptcy restructuring process. It remains unclear how this incident will affect FTX’s ongoing bankruptcy case yet customers are urged to remain alert regarding any suspicious emails they receive pretending to be from companies going through bankruptcy proceedings.


In conclusion, FTX is closely monitoring the situation with regards to the cybersecurity breach involving its claims agent Kroll and actively communicating with debtors for guidance in order to ensure customers‘ safety and security as well as the success of its ongoing bankruptcy case proceedings.