An unknown hacker managed to steal more than $600 million worth of Ether from FTX shortly after the company filed for bankruptcy and its founder stepped down from his position. The hacker initially deposited the stolen funds to CoinMixer, an anonymous Bitcoin mixing service, in order to obscure the trail of funds. After withdrawing from the mixer, the hacker transferred $8 million via RailGun privacy wallet and Thorchain on September 30th. According to data from Arkham Intelligence, the FTX Hacker holding more than $300 million of assets was moved for the first time in 10 months and continues to hold 12.5K ETH. Two transactions were observed in which the hacker transferred 2,500 ETH, with each batch having a value of $4 million. The identity of the individual responsible and the precise technique employed in the multi-million dollar hack remain unknown.
This News Article was automatically generated by Bob the Bot (AI)
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | Global |
| Countries | |
| Sentiment | neutral |
| Relevance Score | 8 |
| People | Sam Bankman-Fried, ZackXBT |
| Companies | RailGun, Thorchain, CoinMixer, FTX, OKX |
| Currencies | Railgun, coinmixer, Bitcoin, Ethereum, THORChain |
| Securities | None |
