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Scam Alert

FTX Hackers Are Exchanging Their Assets For DAI And ETH

November 12, 2022 - Around 2 mins mins to read
Looks like the trouble surrounding FTX continues, as FTX is hacked and hackers have claimed over $600 million.
FTX Hackers Are Exchanging Their Assets For DAI And ETH
FTX Hackers Are Exchanging Their Assets For DAI And ETH 2

As Coincu reported, the unexpected amount of money being moved out of the exchange’s wallet has raised the question of whether the exchange is using a “trick” to withdraw customers’ funds.

Lookonchain data shows that addresses flagged as “FTX hackers” exchange their assets for DAI and ETH, which cannot be frozen. The address has currently acquired $189 million worth of ETH and DAI. The following assets have not been sold, including 23 million MATIC, 73,350 BNB, 52.9 million SRM, and 2.6 million LINK, etc.

According to the latest updates, the hacker bought back BNB and sold all the SHIB in the wallet.

Previously, FTX had declared bankruptcy, and its website is currently suspended.

There is currently no further information on this incident, Coincu will continue to update the story.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

CoinCu News

DAI

ETH

FTX

Hacker

SHIB

SRM

Avatar of Harold

Author

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.
Scam Alert

FTX Hackers Are Exchanging Their Assets For DAI And ETH

Looks like the trouble surrounding FTX continues, as FTX is hacked and hackers have claimed over $600 million.
FTX Hackers Are Exchanging Their Assets For DAI And ETH
FTX Hackers Are Exchanging Their Assets For DAI And ETH 4

As Coincu reported, the unexpected amount of money being moved out of the exchange’s wallet has raised the question of whether the exchange is using a “trick” to withdraw customers’ funds.

Lookonchain data shows that addresses flagged as “FTX hackers” exchange their assets for DAI and ETH, which cannot be frozen. The address has currently acquired $189 million worth of ETH and DAI. The following assets have not been sold, including 23 million MATIC, 73,350 BNB, 52.9 million SRM, and 2.6 million LINK, etc.

According to the latest updates, the hacker bought back BNB and sold all the SHIB in the wallet.

Previously, FTX had declared bankruptcy, and its website is currently suspended.

There is currently no further information on this incident, Coincu will continue to update the story.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

CoinCu News