Plaid is a fintech company that facilitates communication between financial services apps and users’ banks and credit card providers.
In FTX.US’ 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.
In a pinned Tweet on Nov. 12, Plaid objavio it has suspended FTX’s access to Plaid products as of approximately 6:30 am UTC on Nov. 12, meaning that “FTX can no longer retrieve any financial information via Plaid.”
Plaid je suspendovao FTX-ov pristup Plaid proizvodima od 11. oko 11:22 po pacifičkom vremenu. FTX više ne može dohvatiti nikakve finansijske informacije putem Plaida.
Da bismo krajnjim korisnicima pružili što je moguće više jasnoće, sastavili smo sljedeća često postavljana pitanja. https://t.co/QbyNtXUH5r
— Plaid (@Plaid) Novembar 13, 2022
In an earlier Tweet, Plaid rekao the suspension was due to “concerning public reports,” though noted that there is “currently no indication that Plaid has been used as a vector for fraudulent activity.”
On Nov. 12, Twitter users began izvještavanje that FTX.US had attempted to access their accounts through Plaid. Reports so far only suggest that the users’ data has been accessed, and no reports so far suggest that any funds have been removed.
PSA: Ako imate bankovni račun povezan sa FTX US, promijenite lozinku za bankovni račun i odmah prestanite dijeliti podatke.
Ispod je snimak ekrana mog bankovnog računa, kojem su pokušali pristupiti prije 40 minuta pic.twitter.com/sdnaUFEzOW
— Mike McGuiness ᵍᵐ (@mikemcg0) Novembar 12, 2022
Others have warned others to immediately change their bank account passwords and to revoke access rights on Plaid.
If you had Plaid / Stripe connected to FTX make sure to revoke access in your bank account immediately!
For Chase it’s under Security & Privacy and listed as “MX Technologies” at least for FTX US. pic.twitter.com/lwsuF4iPTQ
— Birch (@BitcoinBirch) Novembar 12, 2022
In an FAQ, Plaid also predložio that some of these access requests could be part of automated financial information checks conducted by Plaid, which are done on a regular schedule.
It has also reiterated that since suspending access, FTX has not been able to retrieve any information from Plaid accounts.
The financial technology provider that allows FTX.US users to link their bank accounts to the FTX app has suspended the U.S.-based exchange’s access to its products, citing “concerning public reports” of fraudulent activity.
Source: https://cointelegraph.com/news/plaid-suspends-ftx-us-access-to-user-data-after-concerning-reports