November 26, 2022

Rise To Thrive

Investing guide, latest news & videos!

On the move: FTX hacker splits nearly $200M in ETH across 12 wallets

1 min read
On the move: FTX hacker splits nearly 0M in ETH across 12 wallets

The hacker behind the theft of more than $447 million of crypto from the crypto exchange FTX has been again spotted moving their ill-gotten funds. 

The hack occurred on Nov. 11, the same day that FTX filed for chapter 11 bankruptcy protection.

On November 20, the attacker transferred 50,000 ETH to a separate wallet and then converted it to Bitcoin using two separate renBTC bridges.

As of today, the hacker is the 40th largest holder of ETH.