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
According to Scopescan monitoring, a recent transaction involving an address linked to Amber Group has…
Uniswap founder Hayden Adams has made a bold statement regarding the cryptocurrency market, emphasizing the…
Outflows from the Grayscale Bitcoin ETF signal ongoing investor uncertainty amidst hints of Federal Reserve…
The SEC rejected Coinbase's appeal request regarding applying traditional securities rules to cryptocurrencies.
ARK 21Shares Ethereum ETF is based on this, excluding proof of stake due to SEC…
Crypto supporter Mark Cuban warns of crypto's significance in the 2024 election and condemns SEC…
This website uses cookies.