FTX Heist: Hacker Shifts $51M in Ethereum as Former CEO Preps for Trial 

After the FTX hacker transferred 5,000 ethereum (ETH) valued astatine $8 cardinal successful purloined assets, the cybercriminal shifted an further 25,000 ether, totaling $43.15 million. Yet, adjacent aft relocating tens of millions of dollars successful ethereum, the FTX wallet drainer inactive holds a whopping 155,749 ETH, presently valued astatine somewhat supra $268 million.

FTX Hacker Moves 30,000 Ether

In the past 3 days, the idiosyncratic liable for the FTX theft has shifted a full of 30,000 ETH, worthy astir $51.15 cardinal based connected existent ETH values. Following 2 archetypal transfers of 2,500 ETH each, consequent movements were 1,250 ETH, 2,500 ETH, 1,500 ETH, 4,750 ETH and 2 abstracted transfers of 7,500 ETH each.

The hacker’s holdings besides see 155,749 ETH valued astatine $268 million, 3.97 cardinal tether (USDT), 1.68 cardinal DAI and 1.57 BTC, on with a assortment of different crypto assets and ERC20 tokens. This quality emerges arsenic erstwhile FTX CEO Sam Bankman-Fried prepares for his October 3 trial, marking the commencement of assemblage selection. Some speculate the FTX wallet hack was an wrong job, fixed the timing of the money transfers.

In a conversation with newsman Tiffany Fong, Bankman-Fried speculated the perpetrator mightiness beryllium a erstwhile employee. “I’ve narrowed it down to similar 8 people. I don’t cognize which 1 it was,” helium shared with Fong. The breach was first detected the time FTX declared bankruptcy. Former FTX US General Counsel Ryne Miller noted the squad was examining irregularities successful FTX relationship balances. Concurrently, Nansen’s Martin Lee observed important withdrawals from FTX accounts.

What bash you deliberation astir the FTX hacker moving $51 cardinal successful ether implicit the past 3 days? Share your thoughts and opinions astir this taxable successful the comments conception below.