FTX hacker reportedly transfers a portion of stolen funds to OKX after using Bitcoin mixer
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.
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 — worth $4.1 million USD — has been sent to OKX so far.
1/ Myself and @bax1337 spent this past weekend looking into the FTX attacker’s deposits to ChipMixer. It appears they’ve likely been transferring a portion of the stolen FTX funds to OKX after withdrawing from CMSo far we’ve accounted for at least $4.1m (255 BTC) sent to OKX pic.twitter.com/C46JZWtktn
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; “withdrawal from CM”, “50% peels off” and then “50% deposited to OKX”.
Following the discovery of the deposits made to the OKX exchange, the Director of OKX shared on Twitter that; “OKX is aware of the situation, and the team is investigating the wallet flow.”
#OKX is aware of the situation, and the team is investigating the wallet flow.
Related: OKX releases proof-of-reserves page, along with instructions on how to self-audit its reserves
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
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