Bitcoin Bahamas Blockchain Ethereum defi Bitcoin Bahamas

FTX funds on the move as thief converts thousands of ETH into Bitcoin

Reading now: 701
cointelegraph.com

According to blockchain analysis company Chainalysis, funds stolen from the FTX crypto exchange are now being converted from ETH into Bitcoin.

On Nov. 20, Chainalysis took to Twitter to encourage exchanges to freeze these coins, should the thief attempt to convert them into fiat or further obfuscate the assets through other means.1/ Funds stolen from FTX are on the move and exchanges should be on high alert to freeze them if the hacker attempts to cash outAmid the controversial collapse and bankruptcy of FTX, news broke that an unknown actor had stolen 228,523 ETH from the exchange.

Read more on cointelegraph.com
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA