Upbit Hacker transfers 2000 ETH of stolen funds to an unknown wallet
It is reported that 2000 ETH has been transferred by Upbit hacker to an unknown wallet.
According to Whale Alert, 2000 ETH worth 264,388 USD of stolen funds from Upbit hack Nov 2019 are moved to an unknown wallet by the hacker.
⚠ 2,000 #ETH (264,388 USD) of stolen funds transferred from Upbit Hack Nov 2019 to unknown wallet
— Whale Alert (@whale_alert) December 23, 2019
On 27th Nov, the South Korean exchange Upbit had to face a hacking activity. In this hack, the exchange lost almost $51.7 million worth of ETH. At that time, several exchanges moved ahead to stop the movement of these stolen funds. But they could not stop hackers from moving their funds.
Now on 23rd Dec, hackers have moved a part of that amount into an unknown wallet as Whale alert has reported.
The wallet address through which they sent an amount of $264,388 worth 2000 ETH is 0xB3A9B79F4D5Dc2cdcdc00dA22869502CBF65A0a5 while the wallet address to which this amount was sent is 0x987F8cFB36086c78bEcc03e4e3369c69E195d476. The recipient wallet received payment from the hacker’s address.
This recipient address has an account that involves 13 transactions and these transactions have been made with the hacker’s wallet. However, the sender’s wallet has remained inactive for more than two weeks and held an amount of $1,747,660 worth 13,171 ETH.
On 3rd Dec, Hackers moved $1,639,222 million worth 11,001 Ether. During this transfer, Hacker performed a test by sending 1,001 Ether to the same wallet. At the start, the hacker used small amounts such as 0.00001337. Here, the number 1337 means “leetspeek” a language used for Elite hackers.
Apart from this, the attacker has created more than fifty accounts and therefore was splitting into various funds so that these can be dissipated easily.
However, despite a lot of struggle from several exchanges to stop this movement, hackers succeeded to move a part of this fund.
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