1 year ago
- FTX hacker reportedly swapped astir $50M of $Dai to $Ethereum successful a authorities of “panic” according to quality steadfast Arkham.
- It is rumored that this hack is an wrong job, with Kraken CEO Nick Percoco confirming that they cognize the individuality of the attacker.
- According to information steadfast Hacken, the hacker has had to person entree to the backstage keys to exploit FTX’s acold retention wallets.
- $20M successful PAXG was frozen accross the attackers 4 addresses.
The associated code with the FTX hack has reportedly swapped astir $48,265,787 of stablecoin $Dai into 36,567 Ethereum, making the code the 35th largest holder of the world’s second-largest crypto by marketplace cap. The FTX hacker’s mean acquisition terms of ETH is $1,284.79, according to information from LookOnChain.
According to quality steadfast Arkham, the FTX hacker seems to beryllium panicking aft losing a ample fig of their token holdings to slippage and being blacklisted successful 4 antithetic addresses.$ 20M successful PAXG was frozen accross the attacker’s 4 addresses that clasp PAXG. The FTX hacker reportedly stole astir $477M from the bankrupt speech FTX conscionable aft the speech filed for Chapter 11 bankruptcy connected Friday.
Was this an Inside Job?
There are inactive unknowns to this hack, but galore judge it has to beryllium an insider job. The hack began astir the aforesaid clip FTX officials wrote a tweet astir their Chapter 11 Bankruptcy filing.
Chief enforcement of information steadfast Hacken told Coindesk connected Tuesday that the FTX Hacker has had entree to each the FTX acold retention wallets exploited. Private keys are usually required for this benignant of access.
Following the blockchain transaction, the idiosyncratic mistakenly identified themselves portion utilizing the Kraken exchange.
“We cognize the individuality of the user” – Nick Percoco, CEO of Kraken, revelead via Twitter connected November 12. The individuality is yet to beryllium revealed to the public.
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