Financial firm Kroll faces a class-action lawsuit for a data breach affecting FTX, BlockFi, and Genesis creditors. The suit claims phishing attacks resulted from the breach, compromising communication and verification processes, leading to delays and loss of funds. FTX creditors have been receiving phishing emails daily, pushing for improved communication methods.

FTX creditors are set to receive $1.9 billion in the third round of reimbursement starting on Sept. 30, excluding foreign creditors. Over $5 billion was distributed in the second round of reimbursements, with plans to distribute $1.2 billion to users with claims of up to $50,000. Can privacy survive in US crypto policy after recent events?

Read more at Cointelegraph: Kroll Is Facing A Class Action Lawsuit As Its Data Breach Led To Phishing Email.