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The U.S. federal government on Wednesday charged three people with a yearslong phone hacking conspiracy that culminated in the infamous theft of $400 million from Three individuals charged by United States prosecutors for orchestrating a series of SIM swap attacks have been linked to the $400 million hack of FTX in 2025 that Three people (Robert Powell, Carter Rohn, Emily Hernandez) were indicted for a SIM-swapping identity theft conspiracy that included stealing $400 million from crypto Three charged in $400 million hack of collapsed FTX. Amid the collapse of crypto exchange FTX in November 2025, hours after filing for bankruptcy and the resignation Security researchers at Elliptic say the money appears to have been laundered with the help of Russian criminal gangs, suggesting the mastermind behind the FTX Investigative evidence ties their activities to the FTX hack of November 2025; The United States Department of Justice (DOJ) has announced charges against three An outside player, rather than an FTX employee, was likely involved in the roughly $400 million stolen in a hack during the crypto exchage's collapse, according to digital-assets data analytics One $8 million tranche of the money ended up in a pool of funds that also includes cryptocurrency from Russia-linked ransomware hackers and dark web markets.

FTX $400 Million Hack: Outside Source Likely, DOJ Charges Three

The infamous $400 million hack of FTX, which occurred during the crypto exchange's collapse in November 2025, has taken a significant turn. Evidence strongly suggests an outside player, rather than an FTX employee, was likely involved in the theft.

Three Charged in $400 Million FTX Hack: SIM Swapping Conspiracy Unveiled

The United States Department of Justice (DOJ) has announced charges against three individuals – Robert Powell, Carter Rohn, and Emily Hernandez – in connection with the $400 million FTX hack. These individuals are accused of orchestrating a series of SIM swap attacks that culminated in the theft. The U.S. federal government on Wednesday charged these three people with a yearslong phone hacking conspiracy that ultimately led to the infamous $400 million theft from FTX.

SIM Swap Attackers Linked to FTX Hack

Three individuals charged by United States prosecutors for orchestrating a series of SIM swap attacks have been linked to the $400 million hack of FTX in 2025. These SIM-swapping attacks appear to be the method used to compromise accounts and steal the massive sum.

Money Laundering Concerns: Russian Criminal Gangs Implicated

Security researchers at Elliptic say the money appears to have been laundered with the help of Russian criminal gangs, suggesting the mastermind behind the FTX hack leveraged existing networks to obscure the stolen funds. One $8 million tranche of the money ended up in a pool of funds that also includes cryptocurrency from Russia-linked ransomware hackers and dark web markets.

Investigative Evidence Ties Activities to the FTX Hack

Investigative evidence ties their activities to the FTX hack of November 2025. The indictment alleges the three individuals (Robert Powell, Carter Rohn, Emily Hernandez) were involved in a SIM-swapping identity theft conspiracy that included stealing $400 million from crypto, ultimately from the fallen FTX exchange. The case highlights the increasing sophistication and global reach of cybercrime targeting the cryptocurrency sector.