Stake’s Hacker Moves $328,000 Worth Of Crypto From Stolen Funds

2023-09-12 13:18:43

The hacker responsible for the $41 million hack of the crypto casino Stake on September 4 made another move on September 11. Following this, they transferred an additional $328,000 worth of Polygon (MATIC) and BNB (BNB) tokens, as the blockchain security company CertiK reported.

Transferred Funds By Hackers Are Estimated At $4.8 Million

On September 11, the hacker first transferred 520,000 MATIC tokens, worth over $266,000, which were bridged to the Avalanche blockchain. Some hours later, 300 BNB tokens valued at approximately $61,500 were sent to an externally owned address labeled “0x695…”

Before these recent transfers, the hacker had bridged $4.5 million to different Bitcoin blockchain addresses. This was reported by the blockchain security company Arkham on September 7. The total amount transferred, now at $4.8 million, only constitutes 1.2% of the total $41 million stolen by the hackers.

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