FTX to Provide Approximately $6 Million in One-Time Compensation to Accounts Affected by Phishing Incidents

Oct 24,2022
KingData News: FTX founder Sam Bankman-Fried (SBF) tweeted that some users accidentally registered on fake other sites, including 3Commas, who provided FTX API keys to use the site's trading tools, and that other users may have been phished through other methods. FTX will provide approximately $6 million in compensation to account holders affected by phishing incidents through third-party websites, but "this is a one-time thing. We will not making a habit of compensating for uses getting phished by fake versions of other companies". In addition, he said that if the attackers return 95 percent of the $6 million stolen from FTX accounts within 24 hours, "we will release them from liability".
This metrics provides a follow-up of hack incidents such as the exploitation of the Harmony-eco cross-chain bridge Horizon and the NFT lending protocol XCarnival.
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