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Jack Thacker’s Story: He Lost $200K When FTX Imploded.

This week in cybersecurity from the editors at Cybercrime Magazine

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Sausalito, Calif. – Jun. 14, 2024

In Nov. 2022, Jake Thacker discovered more than $200,000 of his crypto and cash had gone missing. He’d been counting on it to pay off debts, and to pay taxes on stock he’d sold.

Thacker was caught up in the collapse of cryptocurrency exchange FTX, unable to withdraw what he had stored on the site.

“I went in, looked at where some of my account balances were, it didn’t seem to be right,” Thacker told NPR at the time. “Everything was frozen, there were all kinds of error issues. I was definitely in freak-out mode.”

Thacker recently came on the Cybercrime Magazine Podcast to share his story and to tell us if he got any of his money back.

Listen to the Interview

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