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FTX Gets Ready to Resume Operations After Security Breach

Cryptocurrency exchange FTX has been on a journey to mend its relationship with users after a turbulent period last year. However, their efforts faced a setback in August when a cyberattack disrupted their operations, leading to funds being siphoned off by hackers. Now, as they put the security threat behind them, the exchange is gearing up to go back online. On Sunday, September 17, FTX announced the reopening of its Customer Claims portal, featuring upgraded security measures. The breach, which occurred on August 19th, originated from a sim-swapping attack involving a Kroll employee. FTX has assured its users that they can now access their accounts.

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