FTX Hacker Moves Over 10,000 ETH To Bitcoin Via THORChain

The FTX exploiter has transferred another massive amount of 10,000 ETH ($17.3 million) to Bitcoin through THORChain’s cross-chain DEX.

The remaining 10,000 Ether (ETH), or about $17.3 million, were transferred to Bitcoin using THORChain by the FTX exploiter from the address 0x3e9.

All of the remaining ETH was transferred by the exploiter in four transactions that went through intermediary addresses all the way to ThorSwap Router. Utilizing the inter-chain exchanging capabilities of ThorSwap, all of these monies are bridged to Bitcoin.

The transactions happened sequentially on October 30 and October 1 in the amounts of 1250, 2500, 1500, and 4750 ETH.

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FTX exploiter moves remaining 10,000 ETH

A multi-chain decentralized exchange (DEX), ThorSwap is fueled by THORChain’s liquidity. It enables smooth cross-chain swaps for a variety of assets across nine networks.

The FTX hacker transferred 5,000 ETH from the same address to Railgun, THORChain, and switched a sizeable amount into tBTC on September 30 after 10 months of inactivity.

According to data from Spotonchain, the hacker entity still has approximately $284 million in total worth of stolen assets spread over multiple addresses, even though the cash moved only make about 6% of that total.

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FTX Exploiter – SpotOnChain

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