Bankrupt cryptocurrency exchange FTX reported on Friday that more than $400 million in funds were stolen. Hacked altcoins include Ethereum and BNB Coin, apart from FTX Token (FTT).
Here are the altcoins stolen from FTX
Blockchain security firm PeckShieldAlert shared a breakdown of hacked altcoins on Twitter today. According to the findings, hackers are currently holding about $340 million in cryptocurrencies. According to PeckShieldAlert, the address currently holds 160,000 Ethereum ($201 million), accounting for about 59% of the total funds. Other tokens include $85.9 million worth of stablecoins, 148,000 BNB ($41.7 million), 10,000 PAXG ($17.8 million), 145,000 Solana ($2 million), and approximately 30.9 million USDT blacklisted by Tether is located.
- The address where altcoins are moved holds $140 million worth of cryptocurrencies.
- $201 million of this is Ethereum (ETH);
- $85.9 million stablecoins;
- $41.7 million BNB Coin (BNB);
- $17.8 million in PAX Gold (PAXG);
- $2 million Solana (LEFT);
- USDT with $30.9 million frozen by Tether.
FTX Accounts Drainer’s address holds ～$340M worth of cryptos, including ~160k $ETH (~$201M), 85.9M stablecoins, 148k $BNB ($41.7M), 10k $PAXG ($17.8M), 145k $SOL ($2M)@Tether_to blacklisted 30.9M $USDT on #AVAX & #SOL, #PaxosGold blacklisted the address
Arbitrary loss: -$28.6M pic.twitter.com/jGiBxPhXLD— PeckShieldAlert (@PeckShieldAlert) November 14, 2022
The hack came just hours after FTX and FTX.US announced their bankruptcy last weekend. The hackers emptied the wallets of both exchanges worth over $600 million in cryptocurrencies. As a result, an admin on the official FTX Telegram channel urged users to delete FTX apps and stay away from the website. Several users reported that their balance dropped to zero during the attack. cryptocoin.comWe have discussed the details of the hacking attack in this article.
Kraken will assist FTX in detecting hackers
FTX’s President and CEO of Restructuring, John Ray’s Miller, said on Twitter that they are making every effort to protect user funds while actively working with law enforcement in response to the attack. Also, the information revealed that the platform is working to eliminate the withdrawal and trading functions.
Meanwhile, Kraken reports that it has identified the owner of the Kraken address linked to the hack. “We know the identity of the user,” Kraken Chief of Security Nick Percoco said in a tweet on Saturday.
🚨BREAKING
The hacker is very likely an inexperienced insider
Kraken was also used throughout the hack to offload funds
– Co-founder & CEO of Hacken @buda_kyiv
— Mario Nawfal (@MarioNawfal) November 12, 2022
Later, a spokesperson for the exchange said that they would assist FTX in catching the perpetrators:
We can confirm that our team is aware of the identity of the account associated with the ongoing FTX attack, and we are committed to working with law enforcement to ensure they have everything they need to adequately investigate this matter.
Hackers keep the mystery
It has not yet been disclosed whether this person is directly responsible or whether their accounts have been hacked. However, it is clear that the attack significantly impacted the customers’ chances of getting fair compensation from the defunct crypto exchange. According to the previous report, crypto Twitter speculates that the hack was the work of an insider.
