FTX Hacker Holding $300,000,000 in Crypto Suddenly Moves Millions Worth of Assets: On-Chain Data
Hacker Behind FTX Crypto Exchange Breach Unexpectedly Transfers Millions in Digital Assets.
Blockchain analytics firm Arkham reports that the hacker responsible for the FTX breach, possessing over $300 million in digital assets, has initiated Ethereum (ETH) transfers for the first time since 2022. The transactions, totaling $8 million of the world's second-largest cryptocurrency by market cap, were conducted through the RailGun (RAIL) smart contract system and the Thorchain (RUNE) decentralized exchange. The "FTX Exploiter" wallet, as per Arkham's data, currently holds assets including $1.7 million in Dai (DAI), $3.97 million in Tether (USDT), $30,000 in USDC, and smaller amounts in Binance Coin (BNB), Bitcoin (BTC), and Wrapped Bitcoin (wBTC)
Oct 02, 2023