Close to a year has passed, and the hacker responsible for the staggering $477 million heist from the now-defunct crypto exchange FTX still remains elusive. Yet, Elliptic, a leading blockchain analytics firm, has meticulously mapped the intricate journey of the stolen funds, shedding light on the culprit’s attempts to launder and mask their activities. Allegedly,…
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The still-unidentified FTX hackers started ramping up their movement of stolen funds in recent weeks, potentially using media attention of the trial as a cover to hide the illicit activity. The hacker responsible for stealing over $400 million from FTX and FTX US in November could be using the hype around Sam Bankman-Fried’s fraud trial…
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The decentralized exchange (dex) Thorswap has paused operations after a series of funds stemming from the FTX hacker was sent to the dex protocol. Thorswap took to social media and said that the team “stands firmly against any and all criminal actions.” Thorswap Pauses Amidst FTX Hack Fallout; RUNE Value Takes a Hit After the…
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