News

FTX Continues Sending Assets To FTX Attacker’s Address

The security firm said many of the official FTX addresses are still having a transactional relationship with the FTX attacker’s address. Currently, the FTX Drainer address holds approximately $62 million worth of assets.

According to tracking data, crypto security firm CertiK Alert tweeted that many of the official FTX addresses (including FTX US and international FTX) continue to send assets to the FTX Drainer address (the FTX attacker’s address) starting with 0x59ab yesterday.

Currently, the FTX Drainer address holds approximately $62 million worth of assets. As of November 12, FTX wallet attackers received and exchanged about $350 million and sent about $280 million in tokens.

As was updated in an earlier Coincu News article, FTX was hacked last week, resulting in over $600 million in digital assets that sent the exchange’s wallets into massive withdrawals.

New FTX CEO John Ray admitted that the exchange had been “compromised” and said that it was taking “precautionary steps… to minimize the damage of observing unauthorized transactions.”

Hacken discovered that an entity that Budovin suspected was an insider had siphoned around $400 million from the exchange. New details about the mining have led to speculation on crypto Twitter that maybe FTX owner Sam Bankman-Fried or someone in his close circle could be behind the mine, granted access to FTX’s cold wallet.

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

Foxy

CoinCu News

Victor

Recent Posts

Time’s Ticking on BlockDAG’s 5-Tier Bonus- Few Days Left to Grab It While Cardano Whales Take Action, Aave Rallies Strong

Discover BlockDAG's five-tier bonus program's closing phases that enhance buyer holdings. Gain insights on the…

13 minutes ago

Best Altcoins to Buy for 2025: Qubetics Presale Surge, Solana’s Lightning Speed, and Cardano’s Blockchain Revolution

Discover why Qubetics, Solana, and Cardano are redefining the crypto landscape. Learn about milestones, price…

58 minutes ago

Why Qubetics, NEAR Protocol, and IMX Are Dominating Crypto: The Best Altcoins to Join Today for Game-Changing Returns 

Discover why Qubetics, NEAR Protocol, and Immutable X are the best altcoins to join today,…

3 hours ago

Bonk’s ICO Was Just the Start: Why BTFD Coin’s Stage 7 Price Rollback Is Your Second Shot at Crypto Glory

BTFD Coin is offering a chance to relive the glory days of meme coin investing,…

4 hours ago

Decoding BDAG’s AMA: A Blueprint for Scalable Blockchain and Enhanced Community Ties

Explore key takeaways from BlockDAG’s AMA, showcasing strides in scalability, growth of the ecosystem, and…

4 hours ago

Best Cryptos with 1000X Potential: Qubetics Revolutionises Blockchain as Polkadot and Cosmos Shape the Future

Discover why Qubetics, Polkadot, and Cosmos are the best cryptos with 1000X potential, offering innovation,…

8 hours ago

This website uses cookies.