New Move from FTX Hacker: 124 Million Dollar Transaction Made This Altcoin Fly!
Some of the millions of dollars of funds stolen from the bankrupt cryptocurrency exchange FTX 10 months ago have now been moved to the Bitcoin (BTC) network.
In the hacking incident, which was announced hours after FTX's bankruptcy, the stolen funds were mobilized for the first time on September 30 after a 10-month break. Following this activity, the attacker, who “laundered” millions of dollars worth of Ethereum, took advantage of privacy platforms such as Thorchain Router and Railgun.
THORSwap developers, who have serious suspicions that stolen money is being laundered on their platform, suspended deposits and withdrawals as of October 6.
Following this announcement, the attacker, looking for a different way to transfer stolen Ethereum, turned to Threshold, another privacy platform. According to the data transmitted by the on-chain analysis platform Lookonchain, the hacker, who continued his transactions on October 6, converted 75,636 ETH worth $ 124 million into tBTC and moved these assets from the Ethereum network to the Bitcoin network.
After the attacker turned to Threshold, the platform's native token, T, rose 16% in a short time. T, which reached $ 0.02214 from $ 0.019 with the sudden price movement, is traded at $ 0.0205 at the time of writing.
The FTX attacker still has 109,485 ETH worth approximately $179 million.#BTCat #FTT #Ares $BTC $ETH $BNB
