FTX attacker continues swapping tokens; exchanges $7.95M BNB for BUSD, ETH

The attackers who drained $600 million from the now-bankrupt alternate FTX, swapped almost 30,000 BNB tokens for Ethereum (ETH) and Binance USD (BUSD) on Nov. 17. in three transactions, information from Bscscan exhibits.

Within the first transaction, the attacker exchanged 10,000 BNB tokens, value $2.67 million on the time, for 2001.5 ETH, valued at round $2.4 million, on Pancakeswap. Within the subsequent transaction, the hacker swapped BNB value $3.94 million for BUSD valued at $3.69 million. The exploiter then exchanged 5,014.26 BNB for $1.29 million value of BUSD.

Whereas nobody has claimed accountability for the assault, allegations quickly arose a few “backdoor” created by former FTX chief Sam Bankman-Fried to maneuver funds between FTX and Alameda Analysis.

The attacker’s pockets at present holds $11.8 million value of BNB tokens. The attacker additionally holds round 290,000 ETH, making the exploiter the thirty fourth largest ETH holder.

The hacker has been constantly swapping and shifting tokens since earlier this week, between 8:00 and 10:00 am UTC.

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