FTX Hacker Converts Ethereum to Bitcoin Ahead of Trial: Were Transfers Planned?

The hacker, who stole hundreds of millions of dollars in assets from the bankrupt cryptocurrency exchange FTX, made large transfers before the SBF’s hearing.

from FTX $415 million The attacker, who came to the fore by stealing $8.4 million worth 5,000 ETH after his move funds move again made it happen On-chain analytics platform Spot On Chain via Twitter shared according to data “0x3e9” has the address FTX attacker, during the weekend 10,000 ETH worth $17.1 million transferred. The attacker then accessed the app via another wallet. 13 million dollars twice worth 7,500 ETH He transferred more.

In November 2022, shortly after the FTX bankruptcy emptying many wallets belonging to the exchange The attacker thus quickly from $51 million overvalued 30 thousand ETH transfer he did it.

The attacker transferred 10 thousand ETH $13 million worth 7,749 ETHto in order to justify cross-chain protocol THORChain and privacy provider Railgun when sending to contracts 2500 ETHto $27,281 from level 153.4 BTCHe turned it to .

Your address Activation after 10 months It was stated that it hosted great activity afterwards. Transfers to THORChain may increase It came up.

Shortly before the SBF hearing

The hacking attack in question FTX bankruptcy It happens right after It attracted great attention. Directed by the USA to FTX founder and former CEO Sam Bankman-Fried (SBF) fraud, financial And conspiracy total crimes including 7 different accusations is available.

This case of SBF October 3It will start with jury selection in , The first hearing will take place on October 4 and estimated It will take 6 weeks. SBF, the accusations made against He did not accept and if found guilty 115 years in prison You may be faced with.

All responsibility for the bankruptcy of the stock market SBFWhile it is thought to belong to movement of funds shortly before the case hearing It increased suspicions about the possibility of SBF being behind the attack. Among those responsible for the hacking incident SBF And connected carried out by persons and these transactions guessed to be planned is being done.

According to CoinGecko data, Ethereum, at the time of writing from $1,731 is being traded.


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