Funds Swapped for Ether and Bridged Across Chains After Exchange Withdrawals
Photo: TokenPost
A community alert alleges that an EU entity lost more than $106 million from multiple centralized exchange accounts on Nov. 1. The funds were later swapped and moved across several chains. Withdrawals came out as USD Coin (USDC) and Tether (USDT). During the stated 24-hour period, the actor swapped USDC for Ether (ETH), sent funds to instant-exchange services including WellWallet and Kyrrex, and converted funds into Monero (XMR) through Wagyu. Funds were also bridged across multiple chains. The community alert links four on-chain addresses to the suspected theft: 0xADd95cD98E0288ba69785E3151E1db86adF8Dd58, 0x29e9D7715D935e0D0D4B0DD0efC952A97E551020, 0x378B4f150707C283574DC89739608D29036D57d5 and 0x795a9d22F233024487161Fe6daFf73397.
Source: TokenPost
