Skip to content
FTC Settles With Crypto Firm Over $186 Million Security Breach

FTC Settles With Crypto Firm Over $186 Million Security Breach

First seen 13 Jan 2026, 15:48 UTC • •

Article Content

Browse articles
ThreatCluster AI
ThreatCluster •March 12, 2026 at 13:27 UTC

In June 2022, a crypto firm deployed inadequately tested code that contained a significant vulnerability. This flaw was exploited by hackers in August 2022, leading to an estimated loss of $186 million in assets. The FTC has now announced a settlement regarding this incident.

Start a free Starter trial for enhanced analysis

Ask AI about this cluster

Updated 213d ago How this analysis works

More articles in this cluster (2)