{"id":8862,"date":"2022-11-30T02:45:11","date_gmt":"2022-11-30T02:45:11","guid":{"rendered":"http:\/\/cryptoheretostay.com\/?p=8862"},"modified":"2022-11-30T02:45:11","modified_gmt":"2022-11-30T02:45:11","slug":"ftx-hacker-reportedly-transfers-a-portion-of-stolen-funds-to-okx-after-using-bitcoin-mixer","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=8862","title":{"rendered":"FTX hacker reportedly transfers a portion of stolen funds to OKX after using Bitcoin mixer"},"content":{"rendered":"<script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script>\n<p>Hackers who drained FTX and FTX USA of over  $450 million worth of assets just moments after the doomed crypto exchange filed for bankruptcy on Nov. 11, continue to move assets around in an attempt to launder the money.\u00a0<\/p>\n<p>A crypto analyst who goes by ZachXBT on Twitter alleged that the FTX hackers have transferred a portion of the stolen funds to the OKX exchange, after using the Bitcoin mixer ChipMixer. The analyst reported that at least 225 BTC \u2014 worth $4.1 million USD \u2014 has been sent to OKX so far.\u00a0<\/p>\n<p lang=\"en\" dir=\"ltr\">1\/ Myself and @bax1337 spent this past weekend looking into the FTX attacker\u2019s deposits to ChipMixer. <\/p>\n<p>It appears they\u2019ve likely been transferring a portion of the stolen FTX funds to OKX after withdrawing from CM<\/p>\n<p>So far we\u2019ve accounted for at least $4.1m (255 BTC) sent to OKX pic.twitter.com\/C46JZWtktn<\/p>\n<p>\u2014 ZachXBT (@zachxbt) November 29, 2022<\/p>\n<p>According to ZachXBT, the FTX hacker first began depositing BTC into ChipMixer on Nov. 20, after using Ren Bridge, a protocol that acts as a bridge for cryptocurrencies. In his analysis, ZachXBT shared that he had observed a pattern with addresses receiving funds from ChipMixer. According to him, each of the addresses follows a similar pattern; \u201cwithdrawal from CM\u201d, \u201c50% peels off\u201d and then \u201c50% deposited to OKX\u201d.<\/p>\n<p>Following the discovery of the deposits made to the OKX exchange, the Director of OKX shared on Twitter that; \u201cOKX is aware of the situation, and the team is investigating the wallet flow.\u201d\u00a0<\/p>\n<p lang=\"en\" dir=\"ltr\">#OKX is aware of the situation, and the team is investigating the wallet flow.<\/p>\n<p>\u2014 lennixlai.eth (OKX) (@LennixOKX) November 29, 2022<\/p>\n<p><strong><em>Related: OKX releases proof-of-reserves page, along with instructions on how to self-audit its reserves<\/em><\/strong><\/p>\n<p>On Nov, 12, Cointelegraph reported that the hack was flagged right after FTX announced bankruptcy. At the time, out of the $663 million drained, around $477 million were suspected to be stolen, while the remainder is believed to be moved into secure storage by FTX themselves.<\/p>\n<p>On Nov. 20, the hacker began transferring their Ether (ETH) holding to a new wallet address. The FTX wallet drainer was the 27th largest ETH holder after the hack, but dropped by 10 positions after dumping 50,000 ETH.<\/p>\n<p>The fact that hackers managed to drain assets from FTX global and FTX.US at the same time, despite these two entities being completely independent, became a hot topic of discussion within the crypto community, and raised speculations about it possibly being an inside job.\u00a0<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/cointelegraph.com\/news\/ftx-hacker-reportedly-transfers-a-portion-of-stolen-funds-to-okx-after-using-bitcoin-mixer\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hackers who drained FTX and FTX USA of over $450 million worth of assets just moments after the doomed crypto exchange filed for bankruptcy on Nov. 11, continue to move assets around in an attempt to launder the money.\u00a0 A crypto analyst who goes by ZachXBT on Twitter alleged that the FTX hackers have transferred [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8863,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[2],"tags":[],"class_list":["post-8862","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/8862","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8862"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/8862\/revisions"}],"predecessor-version":[{"id":8864,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/8862\/revisions\/8864"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/8863"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}