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Home»Scams»FTX Hacker Holding $300,000,000 in Crypto Suddenly Moves Millions Worth of Assets: On-Chain Data
FTX Hacker Holding $300,000,000 in Crypto Suddenly Moves Millions Worth of Assets: On-Chain Data
Scams

FTX Hacker Holding $300,000,000 in Crypto Suddenly Moves Millions Worth of Assets: On-Chain Data

2023-10-01No Comments2 Mins Read
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A nasty actor who hacked the notorious crypto change FTX because it was collapsing is abruptly transferring tens of millions of {dollars} value of crypto property.

Based on information from blockchain intelligence platform Arkham, the FTX hacker, who holds over $300 million value of digital property, has moved some Ethereum (ETH) for the primary time since 2022.

Arkham finds that up to now, $8 million value of the second-largest crypto asset by market cap has been moved by way of the sensible contract system RailGun (RAIL) and the decentralized change protocol Thorchain (RUNE).

Arkham’s information reveals the pockets generally known as “FTX Exploiter” holding $1.7 million value of Dai (DAI), $3.97 million value of Tether (USDT), $30,000 value of USDC, in addition to $43,000 value of Binance Coin (BNB), $42,000 value of Bitcoin (BTC), and $8,500 value of Wrapped Bitcoin (wBTC).

Supply: Arkham/X

In November 2022 – proper round when the crypto change filed for chapter – FTX introduced that it had been hacked to the tune of $383 million.

On the time, the agency’s normal counsel Ryne Miller launched a press release letting merchants know of the hack and warning buyers that FTX had been contaminated by malware.

“FTX has been hacked. Chat is open. Don’t go to the FTX website as it would obtain Trojans. Word that some funds have been retrieved.”

Days later, it was revealed that the hacker grew to become one of many largest Ethereum whales on the planet after consolidating the stolen items into ETH. Based on information from Ethereum explorer Etherscan, the pockets generally known as “FTX Accounts Drainer” grew to become the Thirty fifth-largest Ethereum whale on the planet on the time.

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