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$415 Million FTX Hacker Moves ETH Exploited From The Exchange

2y ago
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$415 Million FTX Hacker Moves ETH Exploited From The Exchange
  • The hacker behind the $415 million FTX exploit recently moved millions worth of ETH.
  • The exploiter has moved a total of $8 million worth of crypto assets via Railgun and Thorchain. 
  • The on-chain transfers came more than ten months after FTX was initially hacked. 

The hacker behind the multi-million FTX hack of November last year recently moved thousands of exploited ETH. On-chain data gathered by several blockchain security firms showed that the hacker used crypto privacy tools to obscure their transactions and move around as much as $8 million in exploited funds. 

On-chain analytics platform Lookonchain reported earlier today that the FTX Accounts Drainer transferred over 5,000 ETH worth $8.3 million through in separate transactions of 2,500 ETH each. Following the transactions, the FTX hacker held 180,735 ETH worth more than $302 million across 13 crypto addresses. 

The hacker used crypto privacy tools like RailGun and Thorchain to make the transfers. Interestingly, the multi-million dollar crypto transactions cost the hacker a mere $0.50. The transfers took place more than ten months after the …

The post $415 Million FTX Hacker Moves ETH Exploited From The Exchange appeared first on Coin Edition.

2y ago
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