The FTX hacker sent 255 BTC ($4.1 million) worth of Bitcoin to OKX


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Already a controversial issue, the FTX crisis took a turn for the worse when several hackers broke into the exchange earlier this month. According to recent evidence, a hacker targeting FTX may have used ChipMixer to send 255 BTC ($4.1 million) worth of Bitcoin to OKX.

Twitter user ZachXBT updates the FTX hack story using on-chain analytics to determine what happened to the hacker’s stolen assets as a result.

After the latest analysis, the FTX attackers used Bitcoin mixer ChipMixer to transfer some of the stolen assets, estimated to be around $4.1 million or 255 bitcoins, to the OKX exchange. However, according to widespread rumours, the attackers are now believed to be internal employees of the FTX.

It’s also worth noting that hackers stole more than $400 million worth of bitcoin from Bahamas-based cryptocurrency exchange FTX earlier this month. According to sources, the anonymous hacker is currently one of the wealthiest Ethereum owners, with a total of 34 wallets on the Ethereum network holding more than him.

Recently, the latest hack was revealed by now-defunct cryptocurrency exchange FTX, when more than 130 entities of the cryptocurrency conglomerate suddenly filed for bankruptcy. However, the news triggered panic selling in the cryptocurrency market and further diluted the weakened crypto community.

OKX received funds from FTX Hack

There are reports of stolen funds being laundered and transferred to Bitcoin and Ethereum after the failed platform discovered the theft. According to an analysis by Twitter user ZachXBT, these digital assets have now been moved to a different cryptocurrency exchange.

Therefore, November was considered disastrous for the now-disgraced exchange company FTX. The rapid decline of FTT’s native token was driven by misappropriated customer funds and insurmountable debt claims, leading to Chapter 11 bankruptcy.

The now-disgraced Freed’s company, which Sam Bankman operated almost like a criminal organization, suffered a fall from grace unparalleled in industrial history. Millions of dollars were stolen from the site as a result of the hack, but the bad news didn’t end there.

According to CNBC, hackers stole $477 million worth of cryptocurrency from the exchange. The same source reports that a significant part of the stolen large amount was converted into Bitcoin and Ethereum. In addition, it was found that a significant part of the stolen funds was transferred to another bitcoin exchange site.

The tweet claims that they have started transferring some of the stolen FTX cash to OKX. This was discovered after investigating the attacker’s deposits on ChipMixer. The latest data showed that the attacker had sent about $4.1 million to OKX in Bitcoin up to this point. The guy who stole the money is probably using the OKX platform. Undoubtedly, OKX will follow them closely from now on.

About $200 million ETH was split into 12 wallets by the FTX hacker

The hacker who stole more than $447 million worth of bitcoins from the FTX cryptocurrency exchange transfers the stolen funds.

According to Etherscan, the attacker transferred 180,000 Ether (ETH) between 4:11 and 4:17 UTC on November 21. Each of the 12 newly created wallets will receive 15,000 ETH. At the time of writing, the transaction totaled $199.3 million.

About B. Ali PRO INVESTOR

Live webinar speaker and Derivatives (Forex, Crypto and Indices) analyst with extensive skills in evaluating financial data, investment trends, technical analysis, fundamental analysis and best practices for investment selection strategies. Major: Business Psychology; Speculative Positioning and Market Sense; Technical and Fundamental Analysis.





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