FTX hacker moves $120M amid Sam Bankman-Fried trial: Report

Anonymous hackers of the now-defunct exchange FTX have been moving large amounts of assets stolen from the platform, with new transactions occurring just as the

Almost a year after the hack, the identity of the FTX thief is still unknown, Elliptic noted. The blockchain analytics firm suggested three possibilities for who could be behind the FTX theft: an FTX inside job, North Korea’s Lazarus Group and Russia-linked criminal groups.

“Some FTX employees would have had access to the business’s crypto assets in order to move them for operational reasons. In the chaos surrounding the company’s bankruptcy and collapse, it may have been possible for an internal actor to take these assets,” the Elliptic’s report reads.

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