A data breach occurred on August 25th, when FTX reported on Twitter that their bankruptcy case claims agent, Kroll, had exposed non-sensitive customer data. Kroll has taken responsibility and is actively reaching out to those affected, providing guidance on protective measures. BlockFi customers were also affected, but their internal system and client funds were not impacted.FTX has filed to enter into an asset supervision with Galaxy Digital, under the guidance of Mike Novogratz, to assist with sales, staking, and hedging ventures. Kroll and FTX CEO John J. Ray III are navigating returning customer debt of up to $8 billion.The data breach included name, phone number, address and FTX holdings, which may seem innocuous but could have far-reaching implications in the crypto realm. It could impact individual users, exchange operations, and the larger trajectory of the industry itself.

Information Details
Geography Global
Countries
Sentiment neutral
Relevance Score 8
People John J. Ray III, Mike Novogratz, Kroll, FTX, BlockFi
Companies FTX, Kroll, BlockFi, Galaxy Digital, Mike Novogratz
Currencies FTX, Bitcoin, Ethereum, Kroll, BlockFi
Securities None

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