Moving on: FTX hacker distributes roughly $200 million in ETH across 12 wallets

Hackers' online fraud has resulted in the loss of cryptocurrency valued at over $447 million from the FTX cryptocurrency trading platform. Once more, the hacker who committed this heist was caught moving their stolen cash.

Over 180,000 Ether were illegally transferred into 12 more new wallets at 4:11 p.m., according to reports from the Etherscan data. These new wallets received a credit of 15,000 ETH each. There was a total movement of $199.3 million.

The ETH has not yet been moved from the 12 wallets as of this writing. There have been rumors that the hacker intended to further split the total cash to avoid being discovered by investigators and to make withdrawing the monies simpler. This operation is referred to as "peel chaining." The crypto community also speculated that they could seek to utilize what is known as a mixing service to withdraw cash.

Buy Crypto Here. Fast and Secure!

While this was going on, some Ethereum users seem to have sent the hacker encrypted messages requesting a piece of the spoils. A user created the domain name "fix-rekt200k-pls-help.eth" using the Ethereum Name Service (ENS) to communicate that they had lost funds as a consequence of the FTX crash and to request compensation from the perpetrator.

To draw attention, they transferred 21 transactions totaling 0.000001 Ether to the scammer's account. Even more inventive was another user. They made 12 transactions totaling no more than 0.0001 ETH to the wallet address of the perpetrator after registering the ENS domain "pleasecheckutf8data.eth".

A UTF8 encrypted text that said, "Please wire me $100,000; I have hospital bills to clear and a trip to the United States scheduled for December, was included in each transaction. I have a lot of aggressive muscular difficulties and can't walk correctly. Kindly assist! I largely lost my funds on FTX.

Additionally, the text included an URL to a post on Imgur that the user said served as verification of their scheduled medical visit. On November 11, the day FTX submitted its chapter 11 bankruptcy petition, the cyberattack took place. The hacker moved 50,000 ETH to a different wallet on November 20 and used two different renBTC bridges to change it to bitcoin. The hacker is now the 40th-largest ETH possessor.