FTX Hacker Sent $4M to Crypto Alternate OKX
On-chain sleuths came across that the FTX exploiter sent $4.1 million payment of crypto to the OKX exchange.
In a series of tweets on Tuesday, blockchain analysts ZachXBT and Nick bax.eth shared their evaluation of the FTX attackers on-chain actions.
The analysts traced the FTX attacker’s deposits to ChipMixer – a privacy carrier designed to obfuscate transactions – and found that 225 Bitcoin payment $4.1 million was sent to OKX.
1/ Myself and @bax1337 spent this previous weekend taking a survey into the FTX attacker’s deposits to ChipMixer.
It appears they’ve seemingly been transferring a portion of the stolen FTX funds to OKX after withdrawing from CM
To this level we’ve accounted for now not now not as much as $4.1m (255 BTC) sent to OKX pic.twitter.com/C46JZWtktn
— ZachXBT (@zachxbt) November 29, 2022
3/ For those weird with CM here’s what it appears love when the spend of the mixer. pic.twitter.com/hen8dRJI0F
— ZachXBT (@zachxbt) November 29, 2022
The attacker reportedly began depositing Bitcoin into ChipMixer on Nov. 20 after the spend of the RenBTC bridge to convert the stolen crypto to BTC
On the time, blockchain intelligence firm Chainalysis reported that the hacker had sent $29.3 million thru the RenBTC bridge and that the hacker’s actions were indicative of someone making ready to money out. Chainalysis cautioned exchanges to be on high alert in case such an strive was made.
OKX Director Lennix Lai answered to recordsdata that funds were sent to the exchange, asserting that OKX executives were investigating the downside.
#OKX is attentive to the downside, and the team is investigating the wallet drift.
— Lennix Lai (@LennixOKX) November 29, 2022
Crypto reporter Colin Wu reported that OKX has now frozen the legend in request.
Worn FTX CEO Sam Bankman-Fried shared his thoughts on the hack in an interview with Celsius creditor Tiffany Fong on Tuesday. Bankman-Fried said he had a “beautiful respectable sense” that the person behind it was either an worker or someone taking into consideration malware on an ex-staff computer.
Source credit : unchainedcrypto.com