The hacker who broke into the Poloniex exchange reportedly displayed erratic behavior:
1. The hacker, identified as 0x0a59, initiated the attack around 11 a.m. UTC and targeted the Poloniex hot wallet (0xa910), resulting in approximately $100 million in losses.
2. The stolen funds included 11 million USDT, exchanged for ETH, and 4.98 million USDC, between altcoins such as ELON, SHIB and WBTC.
3. Acquired 206.73 million TRX ($22.8 million) by purchasing TRX with USDC on Ethereum and USDT on Tron, which affected the price of TRX.
4. 10.5 million GLM tokens ($2.56 million) were transferred to the token contract, effectively burning the tokens.
Additionally, according to X-explore, the Poloniex hacker, which is likely Lazarus Group, is following a similar pattern seen in a previous attack on Stake.com, indicating a possible leaked private key.
Previously, Justin Sun had offered a 5% white hat reward to the hacker, encouraging the return of the stolen funds within the next 7 days before involving the authorities.
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