# US charges trio in FTX crypto exchange hack


By [tigerglobalmanagement.eth](https://paragraph.com/@tigerglobalmanagement) · 2024-02-03

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U.S. authorities have charged three individuals for their alleged involvement in the FTX cryptocurrency exchange hack.

The suspects, whose identities remain undisclosed, are accused of orchestrating a sophisticated sim-swapping scheme to gain unauthorized access to FTX’s funds. The attack, which occurred in November 2022, resulted in the loss of over US$400 million from the exchange.

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*Originally published on [tigerglobalmanagement.eth](https://paragraph.com/@tigerglobalmanagement/us-charges-trio-in-ftx-crypto-exchange-hack)*