We all know Sam Bankman-Fried stole billions, but who stole $400 million from FTX during the collapse. This story was pretty wild and there were a bunch of conspiracies surrounding the heist. Well the U.S. federal government on Wednesday charged three people with a years long phone hacking scheme that culminated in that infamous theft of $400 million.
In an 18-page indictment filed in D.C. court, prosecutors accused Robert Powell, Carter Rohn and Emily Hernandez with conspiracy to commit wire fraud and identity theft in their operation of a SIM swapping ring that targeted fifty victims between March 2021 and April 2023. Their most notable heist came on Nov 11, 2022, when the trio siphoned $400 million from an unidentified company.
It's now report that that theft was in fact FTX. They were able gain access to an employee of the crypto exchange through AT&T and transferred out hundreds of millions of dollars worth of crypto. The charges offer a solution to one of the most asked question left in the FTX saga. I always thought Sam stole the money as it disappeared in the exchange's filed for bankruptcy protection. I guess Sam was not even that smart and I gave him too much credit.