Nomad settles with the FTC over $186M cyberattack • The Register
16 hours ago · The FTC's proposed settlement agreement, published this week, would require Nomad to repay around $37.5 million to users who remain out of pocket within a year of the …
FTC Will Require Illusory Systems to Return Money Stolen by ...
2 days ago · Under a proposed order settling the FTC’s allegations, Utah-based Illusory, which does business as Nomad, will be required to implement an information security program to …
FTC moves to settle Nomad crypto hack case after $186M theft
1 day ago · The FTC has proposed a settlement with Nomad’s operator, Illusory Systems, that requires improved security and the return of lost funds.
FTC Orders Nomad to Repay Users After $186 Million Crypto ...
In a proposed settlement agreement released this week, the FTC said Nomad must repay users who lost funds in the cyberattack that ultimately drained about $186 million from the bridge. …
FTC settles with Illusory Systems over data breach affecting ...
2 days ago · The Federal Trade Commission (FTC) has announced a proposed settlement with Illusory Systems Inc., also known as Nomad, after the company failed to put in place proper …
FTC Compels Nomad Operator to Repay Users After $186M …
1 day ago · The FTC said Illusory Systems’ Nomad crypto bridge lost $186 million after hackers exploited a poorly tested software update. Regulators alleged the company marketed itself as …
FTC Proposes Settlement with Nomad Crypto Bridge Operator ...
1 day ago · According to ChainCatcher, the U.S. Federal Trade Commission (FTC) announced on Tuesday a proposed settlement with Illusory Systems, the operator of the Nomad crypto …