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Wormhole hacker moves $155M in biggest shift of stolen funds in months

by TimeChangeEverything - 25 January, 2023 - 07:27 AM
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Quote:The hacker behind the $321 million Wormhole bridge attack has shifted a large chunk of stolen funds, with transaction data showing that $155 million worth of Ether (ETH) was transferred to a decentralized exchange (DEX) on Jan 23. This is the largest movement of stolen funds since the hack occurred on Feb. 2. The hacker converted the ETH into ETH-pegged assets such as Lido Finance’s staked ETH (stETH) and wrapped staked ETH (wstETH). Digging into the transaction history further, crypto community members such as Spreekaway also highlighted that the hacker went on to conduct a slew of odd-looking transactions.

Source: https://cointelegraph.com/news/wormhole-...-in-months
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