FTX attacker continues swapping tokens; exchanges $7.95M BNB for BUSD, ETH

1 year ago

The attackers who drained $600 cardinal from the now-bankrupt speech FTX, swapped astir 30,000 BNB tokens for Ethereum (ETH) and Binance USD (BUSD) connected Nov. 17. successful 3 transactions, data from Bscscan shows.

In the archetypal transaction, the attacker exchanged 10,000 BNB tokens, worthy $2.67 cardinal astatine the time, for 2001.5 ETH, valued astatine astir $2.4 million, connected Pancakeswap. In the adjacent transaction, the hacker swapped BNB worthy $3.94 cardinal for BUSD valued astatine $3.69 million. The exploiter past exchanged 5,014.26 BNB for $1.29 cardinal worthy of BUSD.

While nary 1 has claimed work for the attack, allegations soon arose astir a “backdoor” created by erstwhile FTX main Sam Bankman-Fried to determination funds betwixt FTX and Alameda Research.

The attacker’s wallet presently holds $11.8 cardinal worthy of BNB tokens. The attacker besides holds astir 290,000 ETH, making the exploiter the 34th largest ETH holder.

The hacker has been consistently swapping and moving tokens since earlier this week, betwixt 8:00 and 10:00 americium UTC.

The station FTX attacker continues swapping tokens; exchanges $7.95M BNB for BUSD, ETH appeared archetypal connected CryptoSlate.

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