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Home Scam Alert

FTX Account Drainer Continues To Transfer Stolen Funds To OKX

November 30, 2022
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Hackers who robbed FTX only seconds after the failing crypto exchange declared bankruptcy, or called FTX account drainer, on November 11, are still moving assets around in an attempt to launder the money.
FTX Account Drainer Continues To Transfer Stolen Funds To OKX

On Twitter, a crypto researcher known as ZachXBT claimed that the FTX hackers used the Bitcoin mixer ChipMixer to move a portion of the stolen assets to the OKX exchange.

1/ Myself and @bax1337 spent this past weekend looking into the FTX attacker’s deposits to ChipMixer.

It appears they’ve likely been transferring a portion of the stolen FTX funds to OKX after withdrawing from CM

So far we’ve accounted for at least $4.1m (255 BTC) sent to OKX pic.twitter.com/C46JZWtktn

— ZachXBT (@zachxbt) November 29, 2022

According to the expert, at least 225 BTC has been delivered to OKX thus far.

Following the discovery of the deposits made to the OKX exchange, the OKX Director tweeted:

#OKX is aware of the situation, and the team is investigating the wallet flow.

— lennixlai.eth (OKX) (@LennixOKX) November 29, 2022

As Coincu reported, the address labeled as the FTX account drainer had been converting its tokens to ETH and selling it off, causing a sell-off that caused the price of ETH to drop slightly. The hacker used ChipMixer to be able to launder illegal funds. The identity of the hacker has not been confirmed yet.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

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Tags: ETHEthereumFTXFTX Account DrainerhackOKX
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