Sam Bankman-Fried to Refund FTX Phishing Victims With $6 Million

[Google News Bot]

Thirty-year-old billionaire and FTX chief Sam Bankman-Fried is again loosening his purse strings. This time it’s for victims of a multimillion-dollar phishing scam that hit FTX users through compromised 3Commas’ Application Programming Interfaces (APIs). On Sunday evening, Bankman-Fried tweeted that he’s prepared to remunerate up to $6 million for FTX users affected by an exploit in which attackers used 3Commas’ API to make trades on the exchange. 14) But this once, we’ll do it; roughly $6m total. (To be clear, only for FTX accounts! Hopefully other exchanges ...

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