Big Mistake from the Poloniex Hacker Who Stole 118 Million Dollars: He Burned This Entire Altcoin When He Copied the Address Wrong

In the developments that took place in the early hours of yesterday cryptocurrency The hacker who stole approximately 118 million dollars from the Poloniex exchange made a big mistake.

According to the data, the hacker, acting in a hurry, accidentally stole 10.5 million coins worth $2.5 million while copying and pasting wallet addresses. Golem (GLM) transferred its token to the contract address of the token. Thus, these funds were burned never to be accessed again.

In the cryptocurrency world, when funds are sent to the wrong address, it is impossible to get them back, so such mistakes are made frequently and they are called “fat finger” errors.

However, although the hacker burned some of his funds, he still has a large stash of stolen cryptocurrency assets. The following assets constitute a significant portion of the funds stolen by the hacker:

  • 32.7 million USDT
  • 443 BTC ($16.5 million)
  • 6,103 ETH ($12.7 million)
  • 6.75 million USDC
  • 577 billion SHIB ($4.74 million)
  • 25.5 trillion ELON ($4.15 million)
  • 3.65 million USDD
  • 197.7 million OX ($2.67 million)

In addition, another important development is that among the assets stolen by the hacker, SAND He sold 726,900 of his tokens through UniSwap and converted some of his assets, including SAND, into 142,643 ETH and moved them to a different cryptocurrency wallet.

*This is not investment advice.

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