According to blockchain data source Spot On Chain, the Ethereum address linked to the FTX hack has moved over 10,250 Ethereum (ETH) worth around $17.7 million.
FTX Exploiter Has Moved Over $17M In ETH
According to blockchain data source Spot On Chain, the Ethereum address linked to the FTX hack has moved over 10,250 Ethereum (ETH)
worth around $17.7 million across various accounts since September 30.
A significant portion of the funds, totaling some 7,749 ETH, or almost $13.4 million, were directed to the THORChain router and Railgun smart contracts. The exploiter also engaged in a 2,500 ETH swap worth $4.19 million for tBTC tokens.
This comes as the trial of arrested FTX co-founder Sam Bankman-Fried (SBF) on seven charges, including fraud, is due to begin on October 3. The Department of Justice has seeked to block SBF’s witnesses from testifying
, while he remains in jail after being denied bail while pleading not guilty
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