November 8, 2024

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‘Blockchain Bandit’ reawakens: $90M in stolen crypto seen shifting

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'Blockchain Bandit' reawakens: M in stolen crypto seen shifting

A hacker dubbed the “Blockchain Bandit” has finally woken from a six-year slumber and has started to move their ill-gotten gains.

According to Chainalysis, around $90 million in crypto pilfered from the attacker’s long-running string of “programmatic theft” since 2016 has started moving over the past week.

This included 51,000 Ether (

Also in 2019, a computer researcher discovered a wallet vulnerability that issued the same key pairs to multiple users.