FTX Has Received Reports Of 4 Victims Of Crypto Hacking By Stealing API Keys

Up to now, 4 victims have reported stealing cryptocurrencies through stealing API Keys and contra trades in FTX. Including 3 victims related to 3Commas. The attack took place from October 18 to October 21 on the victim’s FTX compromised account in low liquidity pairs.

As updated in a previous Coincu News article, on the evening of October 19, a user suddenly discovered that his FTX account with more than 5,000 transactions and assets of $1.6 million had disappeared. Which includes more than 10 BTC, hundreds of ETH and thousands of FTT and more, all stolen by trading small currency DMG pairs.

According to a report from Wu Blockchain, up to now, 4 victims have reported to FTX about a cryptocurrency hack through stealing API Keys. All contrarian trades occurred between October 18 and October 21 on the victims’ FTX compromised accounts in low liquidity pairs: DMG/USD MER/USD PORT/USD.

According to the report, FTX and 3commas have been alerted by users since October 20, but they have not received any response or prevention.

Three of the cases involved 3Commas, which 3Commas said was caused by users landing on fake websites.

The other case reported losing 104 BTC in the attack, he shared that he did not use his 3Commas account to set up the bot, but only generated an API key to set up on the AWS server 2 years ago.

It is known that all the API keys generated on the victim’s FTX did not actively place any trading orders for a long time (more than 6 months) and all the victims forgot to delete the API key.

3Commas says they are working on an investigation however they appear to be trying to prove it was a phishing attack. As for FTX, there is still no response to its customers.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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