FTX Hacker Becomes 35th Largest Holder Of Ethereum After Panic Purchasing Approx. $50M of $ETH

FTX Hacker Becomes 35th Largest Holder Of Ethereum After Panic Purchasing Approx. $50M of $ETH


Ethereum World News
2022-11-15 18:16:14

FTX hacker reportedly swapped around $50M of $Dai to $Ethereum in a state of “panic” according to intelligence firm Arkham. It is rumored that this hack is an inside job, with Kraken CEO Nick Percoco confirming that they know the identity of the attacker. According to security firm Hacken, the hacker has had to have access to the private keys to exploit FTX’s cold storage wallets. $20M in PAXG was frozen accross the attackers four addresses. The associated address with