FTX Hacker Addresses Nearly $200 Million in ETH Transferred to 12 Different Wallets

Nov 22,2022
KingData News: According to Etherscan on-chain data, the hacker address tagged as FTX Accounts Drainer FTX (starting with 0x59a) has transferred approximately $200 million worth of ETH to 12 different crypto wallets, with the transfer starting around 00:00 GMT on Nov. 22. Within six minutes, the wallet made 12 transactions, each sending 15,000 ETH to a different crypto wallet address, and the 12 new wallet addresses have yet to do anything with the funds. Larry Cermak, vice president of research at The Block, said this means he may dump ETH for renBTC and gradually exit to the BTC mainnet. The entity has not yet started dumping Ether that has been transferred to 12 wallets because there is little remaining liquidity to swap Ether for renBTC.
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