Mercado Bitcoin Hack-Linked Wallet Converts Stolen Tokens Into $10.55M in Ether
Photo: TokenPost
Arkham described an intermediary wallet as connected to the Mercado Bitcoin hack and said it converted tokens it identified as stolen into about $10.55 million in Ether (ETH), an on-chain movement tied to the incident. The wallet's activity also included a separate cross-chain transaction involving about $650,000 in assets routed through Bridgers for conversion into Bitcoin (BTC). The transaction appears to have been intercepted. The ETH conversion and the attempted BTC swap were separate movements. An accompanying graphic showed about $31.23 million in assets held by an entity Arkham labeled as involved in the hack.
Source: TokenPost
