FTX Hacker ‘Lost Millions In Panic’ But Still Holds $339M In Bitcoin, Ethereum, Other Cryptos: Intelligence Firm

The unknown individual who allegedly hacked thenow-defunct FTX exchangeFTT/USD late Friday still holds $339 million of digital assets.

What Happened: According to blockchain intelligence firm Arkham Intelligence, the hacker holds $215 million worthEthereumETH/USD , $48 million worth ofMakersstablecoinDAIDAI/USD , $44 million worth ofBinance'snative token BNB/USD , $4 million worth ofTetherUSDT/USD and $3.8 million worth ofPolygonMATIC/USD being lost.

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The hacker exchanged tokens on different decentralized exchanges, like UniSwap, 1inch, and CowSwap, to sell MATIC, LINK, and PAXG tokens in smaller quantities. Their behavior on the blockchain signaled that they were in a rush, as perCoinDesk.

After tracing the attackers blockchain movements, Arkham said that the attacker appeared to be in a panic and hurry and lost a large amount of their token holdings as they transferred resources across multiple chains to avoid getting caught.

Meanwhile, U.S. authorities ordered Paxos to blacklist the accounts, freezing some $20 million inPAXGPAXG/USD , a Paxos stablecoin linked to gold prices, preventing the hacker from moving or cashing out the tokens.

Price Action: FTX token is trading at $1.46, down 7.60% in the past 24 hours, according toBenzinga Pro.

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