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Lookonchain Flags Address Behind 27,553 Ether Buy Over Suspected Theft Link

Lookonchain Flags Address Behind 27,553 Ether Buy Over Suspected Theft Link

Photo: TokenPost

Lookonchain flagged an Ethereum address that bought 27,553 Ether (ETH) for about $62.97 million as potentially linked to a theft of more than $106 million from an EU company's centralized exchange accounts. The address's average on-chain purchase price was about $2,286 per ETH. Funds tied to the wallet later moved through several platforms. The 27,553 ETH acquisition and the larger theft figure describe different amounts: the first is the value of the wallet's Ether purchase, while the second is the suspected loss at the EU company.

Source: TokenPost

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