Newsbreak 4 months ago in Alameda research, Around The World, Bitcoin, crypto hack, cryptocurrency, eth, Ethereum, ftx, Hack, Markets, Sam Bankman-Fried, Solana 0 Category: Hack
Ether falls as the FTX hacker dumps $74 million worth of the token and swaps it for bitcoin
Newsbreak 4 months ago in Alameda research, Around The World, Bitcoin, crypto hack, cryptocurrency, eth, Ethereum, ftx, Hack, Markets, Sam Bankman-Fried, Solana 0 SOPA Images / Contributor/ Getty Images Ether fell as a lot as 7% Monday as the hacker who looted FTX started dumping tokens. Over the final week, the hacker step by step transformed the stolen FTX funds to ether, CoinDesk reported. About $74 million of ether has been laundered into bitcoin utilizing RenBridge, CNBC studies. The value of ether dropped as a lot as 7%…