Kroll Hit With Class Suit Over 2023 FTX Bankruptcy Data Breach

Corporate bankruptcy service provider Kroll Restructuring Administration LLC was hit with a proposed class suit over a data breach that exposed the personal information of FTX Trading Ltd., BlockFi Inc., and Genesis Global Holdco LLC claimants.

Kroll’s failure to adequately address and mitigate the fallout from the August 2023 cybersecurity hack has endangered FTX account holder Jacob Kevyn Repko’s ability to recover nearly $90,000 from the shuttered cryptocurrency exchange, according to a complaint he filed Tuesday in the US District Court for the Western District of Texas.

Repko, who is suing on behalf of potentially thousands of individuals involved in ...