Lykke hacker sends 1.19 million DAI to crypto mixing platform eXch
CryptoNewsTerminal Staff20 Sep, 2024
Lykke hacker sends 1.19 million DAI to crypto mixing platform eXch
Cyber Alert has reported that an address associated with the Lykke exchange hacker has moved 1.19 million DAI to the cryptocurrency mixing service eXch. The hacker's address currently has 3.5 million US dollars worth of DAI. In June, the hacker stole 19.5 million US dollars worth of cryptocurrency from Lykke, so this movement is interesting for cybersecurity experts to track. Currency mixing services like eXch are commonly used to launder illicitly obtained cryptocurrency, making it more difficult to follow the trace of the stolen assets. ---
