FTX Exploiter Transferred Another 22,500 ETH In Past 24 Hours

Since the past six days, the exploiter has transferred a total of around $97 million of ETH from stolen funds.

Last updated: February 12, 2024 4:42 AM

Published 2023-10-05

With the latest transfer of 22,500 Ether (ETH) in the past 24 hours, the FTX exploiter has continued moving stolen funds that it accumulated in last year’s hack.

The onchain analyst Spotonchain noted that the FTX exploiter has sent another 22,500 ETH, worth approximately $36.9 million, between October 4 and October 5.

🚨 The FTX Exploiter entity further transferred 22,500 $ETH ($37.1M) to #Thorchain for laundering over the past day.

Overall, a total of 60K $ETH ($100.3M) has been transferred out of 4 FTX exploiter addresses since Sep 30:

– 57,500 $ETH ($96.1M) to Thorchain router & Railgun… https://t.co/QtzHkP9Rmc pic.twitter.com/8CTAO2dLcK
— Spot On Chain (@spotonchain) October 5, 2023

The exploiter has used different addresses to move funds, with a transaction of 7,500 from address 0xa122 and two other transactions of 5,625 ETH and 9,375 ETH from address 0x9B10.

As usual with its previous transactions, all the funds are directed towards THORChain Router and possibly bridged to Bitcoin. With these latest transactions, the total transfers from stolen funds amount to nearly $98 million.

The hacker is transferring funds gradually after it first moved 5000 ETH on September 30. It still holds $195.23 million of stolen funds, as per data from Spotonchain.

Also Read: Anthropic Fundraising Could Help Return FTX Creditors’ Funds

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