Phemex Hacker transferred about 6 million dollars of stolen funds

In a recent TechFlow report, on February 20th, according to The Block, there are new developments in the stolen funds of Phemex exchange as shown in the Block chain data.

A report released by Swiss blockchain analysis company Global Ledger shows that hackers have transferred over 2,080 ETH (approximately $6 million) to 14 new addresses, with some of the funds subsequently transferred to the mixer Tornado Cash. The remaining balance in the main attacked wallet is less than 4,000 ETH.

It is reported that hackers have used multiple jumps and interactions with multiple protocols to transfer funds, including using the Across Protocol cross-chain bridge, Wintermute, THORChain, and other platforms.

Earlier news, Phemex was stolen about 69.10 million US dollars of encrypted assets.