2025-02-19 00:02:42
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Crypto scam: $5.6m stolen in FTX debt claims fraud

Crypto scam: $5.6m stolen in FTX debt claims fraud

A scam group posing as FTX debt claimants defrauded two companies of more than $5.6 million, according to a new report from Inca Digital. 

The perpetrators allegedly used AI-generated identities and unauthorized access to bankruptcy records to execute the scheme.

The report identifies the likely culprit as an individual or group operating under two aliases: Lim Chee Chong and Teh Jin Loon.

Inca Digital 发现,骗子可能使用人工智能工具操纵面部外观,并提供存在视觉差异的假新加坡身份证。

肇事者的照片与目前因贩毒而入狱的前职业游戏玩家 Kurtis Lau Wai-kin 的照片非常相似。

FTX 债务销售

The fraud began in June 2024, when the scammer sold FTX debt claims to two companies. Although the claims were verified as legitimate, both firms later received rejection notices from Kroll, the company managing FTX’s bankruptcy claims.

Investigators believe the scammer accessed FTX customer data through public bankruptcy filings or a 2023 data breach at Kroll.

Blockchain analysis revealed that the stolen funds were funneled through Binance, CoinEx, and Gate.io. Two addresses linked to the scam sent funds to the same CoinEx deposit address, reinforcing the suspicion that the aliases belonged to the same entity. 

Additionally, the analysis traced funds back to an MEV bot associated with Symbolic Capital Partners, though Inca Digital could not confirm the firm’s involvement.

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