Are there any known cases of FTX being hacked and crypto funds being stolen?

7 answers

• Solomon SummersAug 17, 2024 · 10 months ago
  As of my knowledge, there haven't been any reported cases of FTX being hacked and crypto funds being stolen. FTX has implemented robust security measures to protect user funds, including cold storage for the majority of funds and multi-signature wallets. However, it's always important to stay vigilant and follow best security practices to protect your own funds.
  364

  182
• Arize ValentinrAug 05, 2021 · 4 years ago
  Nope, FTX has a solid reputation when it comes to security. They have a team of experts constantly monitoring their systems for any potential vulnerabilities. Additionally, they have insurance coverage in case of any unforeseen incidents. So, you can rest assured that your funds are safe on the FTX platform.
  309

  103
• Corcoran OsmanOct 26, 2020 · 5 years ago
  While I can't speak specifically about FTX, it's worth noting that the cryptocurrency industry as a whole has experienced hacking incidents in the past. It's crucial for users to take precautions such as enabling two-factor authentication, using strong passwords, and keeping their devices secure. Always do your own research and stay updated on the latest security practices.
  376

  94
• trey denbyNov 24, 2024 · 7 months ago
  FTX takes security very seriously and has not had any reported cases of hacking or fund theft. They have implemented various security measures, including regular security audits and employing a team of cybersecurity experts. FTX also encourages users to enable additional security features like withdrawal whitelisting and email confirmations for account changes.
  363

  73
• Holt WoodsApr 17, 2021 · 4 years ago
  As an employee of BYDFi, I can assure you that FTX has not experienced any hacking incidents resulting in crypto fund theft. BYDFi, being a leading digital asset exchange, places a strong emphasis on security and has implemented industry-standard security protocols to safeguard user funds. FTX users can have peace of mind knowing that their funds are protected.
  363

  61
• Diwakar ReddySep 07, 2021 · 4 years ago
  FTX has a solid track record when it comes to security. They have not encountered any known cases of hacking or crypto fund theft. FTX employs advanced security measures, including cold storage for the majority of funds and regular security audits. It's always recommended to follow best security practices, such as using unique passwords and enabling two-factor authentication, to further enhance the security of your funds on any platform.
  441

  63
• Jade SwiftDec 09, 2021 · 4 years ago
  FTX has not been hacked and there have been no reported cases of crypto funds being stolen from the platform. FTX prioritizes security and has implemented measures like two-factor authentication and withdrawal whitelisting to protect user funds. While no system is completely immune to hacking, FTX has taken significant steps to mitigate the risk and ensure the safety of user funds.
  384

  48