Coinspeaker
FTX Account Drainer Moves 180K ETH to 12 Crypto Wallets, Will Security Experts Intercept Funds Before Liquidation?
The FTX heist that happened a few hours before Sam Bankman-Fried filed for voluntary chapter 11 bankruptcy proceedings continues to baffle investigators worldwide. With nearly 1 million affected by the FTX hack, global regulators and blockchain analytics firms are taking personal initiatives to solve the puzzle. On Monday, PerkShield Inc – a blockchain security and data analytics company – tweeted that the FTX exploiter has transferred 180,000 Eth worth approximately $200 million. Per the on-chain data, the FTX exploiter transferred the stolen funds in batches of 15,000 ETH. While some funds remain blocked by some crypto projects like Tether (USDT), the FTX exploiter is on the precipice of liquidating the majority of the coins.
The FTX exploiter has been using blockchain bridges to move stolen funds with minimal noise. While nearly $200 million are in the
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