🚨 Breaking: Balancer Exploit Returns After 5-Month Hiatus!
The hacker responsible for stealing nearly $120 million from the Balancer protocol is back at it, kicking off money laundering and asset liquidation activities.
Recent moves:
🔄 Operation: Converting $ETH into $BTC.
🛠 Method: Utilizing the THORChain protocol for obfuscation and swaps.
💰 Amount Transferred: A whopping 1,100 ETH (valued at $2.55 million) was moved in just the past hour.
It seems the hacker is capitalizing on the current market stability to initiate a new phase of laundering the stolen funds.
#Balancer #Exploit #Ethereum #Bitcoin #CryptoSecurity #THORChain $ETH
The hacker responsible for stealing nearly $120 million from the Balancer protocol is back at it, kicking off money laundering and asset liquidation activities.
Recent moves:
🔄 Operation: Converting $ETH into $BTC.
🛠 Method: Utilizing the THORChain protocol for obfuscation and swaps.
💰 Amount Transferred: A whopping 1,100 ETH (valued at $2.55 million) was moved in just the past hour.
It seems the hacker is capitalizing on the current market stability to initiate a new phase of laundering the stolen funds.
#Balancer #Exploit #Ethereum #Bitcoin #CryptoSecurity #THORChain $ETH