FTX Exploiter Moves 10,000 ETH To Bitcoin Via THORChain

The hacker has transferred all remaining funds from 0x3e9, one of the 15 addresses associated with the FTX exploit.

The FTX exploiter has moved the remaining 10,000 Ether (ETH), approximately $17.3 million, from the address 0x3e9 to Bitcoin using THORChain.

The exploiter transferred all remaining ETH in four transactions, all directed to ThorSwap Router through intermediary addresses. All these funds are bridged to Bitcoin using ThorSwap’s inter-chain swapping functionality.

Transactions took place in an order of 1250, 2500, 1500, and 4750 ETH in sequence on October 30 and October 1.

*FTX exploiter moves remaining 10,000 ETH*

ThorSwap is a multi-chain decentralized exchange (DEX) that is powered by liquidity from THORChain. It allows seamless cross-chain swaps for numerous assets across nine different chains.

After 10 months of inactivity, the FTX hacker moved 5,000 ETH from the same address to THORChain and Railgun, as well as swapped a significant amount into tBTC on September 30.

While the funds moved represent only 6%, the hacker entity still holds over $284 million of stolen assets combined in different addresses, according to data from Spotonchain.

FTX Exploiter - SpotOnChain — *FTX Exploiter – SpotOnChain*

Also Read: Over 50% ETH to BTC Transactions On ThorSwap Are Stolen Funds

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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