{"id":509486,"date":"2022-11-13T04:42:53","date_gmt":"2022-11-13T01:42:53","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/plaid-suspends-ftx-us-access-to-user-data-after-concerning-reports\/"},"modified":"2022-11-13T04:42:53","modified_gmt":"2022-11-13T01:42:53","slug":"plaid-suspends-ftx-us-access-to-user-data-after-concerning-reports","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/plaid-suspends-ftx-us-access-to-user-data-after-concerning-reports\/","title":{"rendered":"# Plaid suspends FTX.US access to user data after &#8216;concerning&#8217; reports"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a22586a69e05\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a22586a69e05\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/plaid-suspends-ftx-us-access-to-user-data-after-concerning-reports\/#%E2%80%9D_Plaid_suspends_FTXUS_access_to_user_data_after_%E2%80%98concerning_reports_%E2%80%9C\" >&#8221; Plaid suspends FTX.US access to user data after &#8216;concerning&#8217; reports &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Plaid_suspends_FTXUS_access_to_user_data_after_%E2%80%98concerning_reports_%E2%80%9C\"><\/span>&#8221; Plaid suspends FTX.US access to user data after &#8216;concerning&#8217; reports &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8zYjYzMTA2NGZhM2IzYjIyYmE4M2VmZDQxZGI0YjBmYS5qcGc=.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-e13e51fa>Plaid is a fintech company that facilitates communication between financial services <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>s and users\u2019 banks and credit card providers. <\/p>\n<p>In FTX.US\u2019 case, its products enable users to allow FTX.US customers to connect their bank accounts to the FTX app. This would then allow FTX.US to request payments that will be processed by the ACH network. <\/p>\n<p>In a pinned Tweet on Nov. 12, Plaid <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Plaid\/status\/1591582716977463298\">announced<\/a> it has suspended FTX\u2019s access to Plaid products as of approximately 6:30 am UTC on Nov. 12, meaning that \u201cFTX can no longer retrieve any financial information via Plaid.\u201d <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Plaid suspended FTX\u2019s access to Plaid products as of 11\/11\/22 at approximately 10:30PM PT. FTX can no longer retrieve any financial information via Plaid. <\/p>\n<p>To provide as much clarity for end-users as possible, we\u2019ve compiled the following FAQs. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/QbyNtXUH5r\">https:\/\/t.co\/QbyNtXUH5r<\/a><\/p>\n<p>\u2014 Plaid (@Plaid) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Plaid\/status\/1591582716977463298?ref_src=twsrc%5Etfw\">November 13, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>In an earlier Tweet, Plaid <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Plaid\/status\/1591521232385896448\">said<\/a> the suspension was due to \u201cconcerning public reports,\u201d though noted that there is \u201ccurrently no indication that Plaid has been used as a vector for fraudulent activity.\u201d<\/p>\n<p>On Nov. 12, <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> users began <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CAD6119\/status\/1591465871968505857\">reporting<\/a> that FTX.US had attempted to access their accounts through Plaid. Reports so far only suggest that the users\u2019 data has been accessed, and no reports so far suggest that any funds have been removed. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">PSA: If you have a bank account linked to FTX US, change your bank account password and stop sharing data immediately.<\/p>\n<p>Below is a screenshot of my bank account, which they tried accessing 40 mins ago <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/sdnaUFEzOW\">pic.twitter.com\/sdnaUFEzOW<\/a><\/p>\n<p>\u2014 Mike McGuiness \u1d4d\u1d50 (@mikemcg0) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/mikemcg0\/status\/1591477400634023938?ref_src=twsrc%5Etfw\">November 12, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Others have warned others to immediately change their bank account passwords and to revoke access rights on Plaid. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">If you had Plaid \/ S<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">trip<\/a>e connected to FTX make sure to revoke access in your bank account immediately! <\/p>\n<p>For Chase it\u2019s under Security &amp; Privacy and listed as \u201cMX Technologies\u201d at least for FTX US. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/lwsuF4iPTQ\">pic.twitter.com\/lwsuF4iPTQ<\/a><\/p>\n<p>\u2014 Birch (@BitcoinBirch) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BitcoinBirch\/status\/1591475042898132994?ref_src=twsrc%5Etfw\">November 12, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In an FAQ, Plaid also <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/QbyNtXUH5r\">suggested<\/a> that some of these access requests could be part of automated financial information checks conducted by Plaid, which are done on a regular schedule. <\/p>\n<p>It has also reiterated that since suspending access, FTX has not been able to retrieve any information from Plaid accounts. <\/p>\n<p>The financial <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> provider that allows FTX.US users to link their bank accounts to the FTX app has suspended the U.S.-based exchange\u2019s access to its products, citing \u201cconcerning public reports\u201d of fraudulent activity.\u00a0<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/plaid-suspends-ftx-us-access-to-user-data-after-concerning-reports\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Plaid suspends FTX.US access to user data after &#8216;concerning&#8217; reports &#8220; Plaid is a fintech company that facilitates communication between financial services apps and users\u2019 banks and credit card providers. In FTX.US\u2019 case, its products enable users to allow FTX.US customers to connect their bank accounts to the FTX app. This would then allow&#8230;<\/p>\n","protected":false},"author":1,"featured_media":509487,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8zYjYzMTA2NGZhM2IzYjIyYmE4M2VmZDQxZGI0YjBmYS5qcGc=.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[135489,135234,117],"class_list":["post-509486","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bank-accounts","tag-ftx","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/509486","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=509486"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/509486\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/509487"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=509486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=509486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=509486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}