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FTX Hacker Moves 75.6K ETH Worth $124M to Bitcoin Network as ThorSwap Pauses Swaps

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According to an on-chain surveillance system, the hacker who stole around $413 million worth of crypto from the imploded FTX ecosystem recently moved 75,636 ether (ETH) to the Bitcoin network.

Lookonchain, a platform monitoring blockchain transactions, disclosed on X that the hacker swapped 75,636 ETH, worth about $124 million at current prices, for tBTC, a tokenized version of Bitcoin based within the Ethereum network. 

Afterward,  the hacker

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