Wormhole exploiter moves $46M worth of stolen funds

The Wormhole Network exploiter, who stole astir $325 cardinal worthy of assets implicit a twelvemonth ago, has been engaged implicit the weekend. The hacker, who moved $150 cardinal worthy of stolen assets successful January, shuffled much funds connected Feb. 12, according to PeckShield.

The Wormhole attacker supplied $46 cardinal worthy of assets to MakerDAO to person 16.6 cardinal DAI tokens. The assets moved to MakerDAO included 24,400 Lido wrapped staked ETH (wstETH) worthy $41.4 cardinal and 3,000 Rocket Pool ETH worthy $5 million.

The attacker past utilized the funds to bargain 9,752.24 ETH astatine the terms of $1,537 per ETH, spending a full of astir $14.9 million. The exploiter spent different $1.5 cardinal to bargain 1,036 staked ETH(stETH). According to PeckShield, the hacker wrapped the purchased Ethereum tokens to get astir 9,700 wstETH.

The Wormhole exploiter besides supplied $15 cardinal worthy of wstETH to MakerDAO.

The station Wormhole exploiter moves $46M worthy of stolen funds appeared archetypal connected CryptoSlate.