Lykke Exchange Hacker Moves 4.7 Million DAI to New Address
CryptoNewsTerminal Staff12 Sep, 2024
Lykke Exchange Hacker Moves 4.7 Million DAI to New Address
The hacker responsible for stealing $19.5 million in cryptocurrencies from the Lykke exchange in June has moved 4.7 million DAI to a new address, according to cyber-crime alert service, Cyber Alert. The hacker has been gradually moving the stolen funds to different addresses since the initial attack. This latest transfer brings the total amount of cryptocurrency that has been moved to over $9 million. It is not yet known what the hacker plans to do with the stolen funds. However, the fact that they are being moved to different addresses suggests that the hacker is trying to avoid being caught. The Lykke exchange has been working with law enforcement to investigate the hack and recover the stolen funds. However, it is not yet clear if any arrests have been made.
