Three Charged in SIM-Swapping Scheme That Stole $400 Million from FTX During Bankruptcy
• Three people were indicted for allegedly participating in a SIM-swapping scheme that stole $400M from FTX as it filed for bankruptcy
• Defendants include alleged ringleader Robert Powell and two others who helped carry out the FTX hack
• Scheme involved tricking phone companies to take over victims' phone numbers to access accounts and steal money
• Hack of FTX employee gave conspirators access to take $400M+ from FTX crypto wallets on same day it filed bankruptcy
• Indictment alleges scheme targeted over 50 victims and led to other crypto thefts totaling over $1.8 million in preceding months