FTX users that have connected their accounts with 3Commas and receive a message regarding their API being “invalid” or “requires updating” must create new API keys.

The phishing scam was in relation to 3Commas, a trading-bot platform that interlinks with FTX via an application programming interface (API).

Cryptocurrency exchange FTX has agreed to reimburse victims of this weekend's phishing attack with as much as $6 million.

Cryptocurrency exchange FTX has agreed to reimburse victims of this weekend's phishing attack with as much as $6 million.