KyberSwap Exploiter on the Move Again? 🥶
The drama surrounding the massive #KyberSwap hack from last November continues.
The hacker, responsible for stealing nearly $49 million, has been spotted moving $2.5 million worth of #stolen Ether to a different blockchain. This suspicious activity, following earlier transfers of stablecoins, raises concerns about the hacker's motives and the potential laundering of stolen funds.
Despite offering a hefty #bounty and attempting to negotiate a return, KyberSwap has been unable to recover the stolen crypto. The attack took a heavy toll on the company, forcing them to lay off half their workforce and offer grants to affected users.
With the latest movement of funds, the question remains: will the stolen millions ever be recovered, or will this saga continue to unfold?