|
|
"The FTX exchange bankruptcy and restructuring event triggered a financial tsunami in the cryptocurrency market, affecting over a million victims with losses exceeding $10 billion. Adding insult to injury, the exchange reportedly faced another $689 million hack two weeks later. It's been nearly 11 months since the incident, and the related hacker addresses continue to move funds.
Today, the hacker transferred another 5,000 ETH to exchange them for BTC. Since FTX's bankruptcy at the end of last year, cryptocurrency investors have faced significant challenges, and those affected are still in the process of filing claims. The date when they can truly recover their lost funds remains uncertain. However, according to on-chain data, the FTX hacker group moved another 5,000 ETH today, valued at approximately $8.37 million. The hacker first split the 5,000 ETH into two batches, with 700 ETH from the first batch being transferred to a Bitcoin address via Thorchain, and the second batch of 1,250 ETH converted into 76.8 BTC. According to Spotonchain data, the hacker-controlled addresses still hold over 180,000 ETH.
The identity of the FTX hacker remains a mystery. There were speculations and rumors at the time, with some suspecting that it could have been orchestrated by FTX's founder, SBF. When asked about the situation, SBF's response was that ""FTX was hacked, and this was either done by a former employee or was caused by malicious software on a former employee's computer."" The head of the restructuring team, John J. Ray III, further accused SBF of intruding into the FTX exchange system under the official order of the Bahamian government after the company filed for bankruptcy, claiming that he had gained access to ""digital assets that originally belonged to FTX.""
It's worth noting that the U.S. Department of Justice's National Cryptocurrency Enforcement Team had already initiated an investigation into the cybercrime case late last year. According to FTX's bankruptcy filing documents, the exact amount stolen from FTX by the hacker was approximately ""$372 million.""
Additionally, Bloomberg confirmed that authorities had managed to freeze a portion of the stolen funds, but it only constituted a small fraction of the total flow of funds, particularly since offshore exchanges were involved. Prosecutors also mentioned that the criminal investigation in this case is separate from the fraud case against SBF and, if convicted, could carry a maximum sentence of 10 years in prison." |
|
Post time 2-10-2023 11:06:37
