Blockchain Security Provider Reports Movement of Hacked DMM Bitcoin Funds
CryptoNewsTerminal Staff31 May, 2024
Blockchain Security Provider Reports Movement of Hacked DMM Bitcoin Funds
Blockchain security provider Beosin has reported via its official Twitter account that the funds stolen from the Japanese cryptocurrency exchange DMM Bitcoin, which amounted to 48 billion yen (around $42.3 billion), have been moved from the initial address (1B6rJRfjTXwEy36SCs5zofGMmdv2kdZw7P). Beosin's investigation revealed that the stolen funds were subsequently distributed to 10 different addresses. This development highlights the ongoing efforts of blockchain security providers to monitor and track the movement of illicit funds in the cryptocurrency ecosystem.
