North Korean hackers move $3.2M from Gate.io 2018 hack
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North Korean hackers move $3.2M from Gate.io 2018 hack
The majority of $234 million stolen in the attack was already laundered. The recent movements involved funds that were dormant for 4.5 years.
North Korean hackers stole $234.33 million from Gate.io in 2018. Earlier this week, the hackers moved 1944.72 Ethereum (ETH) of the stolen funds, worth around $3.2 million at current prices, on-chain sleuth ZachXBT pointed out. The funds had been lying dormant for over 4.5 years, he noted.
The hackers transferred Ethereum worth $3.1 million to a single address 0x27Cf…0FbdCe. The attackers conducted eight other transactions of 1.74 ETH each.
According to ZachXBT, the hackers moved a small amount of the stolen funds to MEXC exchange.
In November, ZachXBT called out Gate.io for trying to keep the April 2018 hack under wraps. In the attack, the exchange lost $10,777.94 Bitcoin (BTC), $218,790 ETH, $Z3,783 Zcash, $99,999,000 Dogecoin (DOGE), $3,043,268 XRP (XRP), $11,000 Litecoin (LTC), …
The majority of $234 million stolen in the attack was already laundered. The recent movements involved funds that were dormant for 4.5 years.
North Korean hackers stole $234.33 million from Gate.io in 2018. Earlier this week, the hackers moved 1944.72 Ethereum (ETH) of the stolen funds, worth around $3.2 million at current prices, on-chain sleuth ZachXBT pointed out. The funds had been lying dormant for over 4.5 years, he noted.
The hackers transferred Ethereum worth $3.1 million to a single address 0x27Cf…0FbdCe. The attackers conducted eight other transactions of 1.74 ETH each.
According to ZachXBT, the hackers moved a small amount of the stolen funds to MEXC exchange.
In November, ZachXBT called out Gate.io for trying to keep the April 2018 hack under wraps. In the attack, the exchange lost $10,777.94 Bitcoin (BTC), $218,790 ETH, $Z3,783 Zcash, $99,999,000 Dogecoin (DOGE), $3,043,268 XRP (XRP), $11,000 Litecoin (LTC), …