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FTX exploiter moves $36.8M in Ether as Sam Bankman-Fried’s trial starts

Published 10/05/2023, 05:35 AM
Updated 10/05/2023, 07:20 AM
ETH/USD
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The crypto wallet address linked to the FTX exploiter moved roughly $36.8 million worth of Ether (ETH) in the last 24 hours amid the ongoing court trials of the defunct crypto exchange’s ex-CEO, Sam Bankman-Fried (SBF).

Accounts linked to FTX and FTX.US were drained of $600 million on Nov. 11, 2022, hours after the crypto exchange had filed for Chapter 11 bankruptcy. At the time, FTX general counsel Ryne Miller informed traders about the hack caused by malware:

Portfolio balance of FTX exploiter. Source: Spot On Chain
FTX exploiter transferred out 10,250 ETH from address 0x3e9. Source: Spot On Chain

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