Upbit hacker moves $51.7M Ethereum stash, labels themselves ‘1337’

The $51.7 million stash of Ethereum stolen from cryptocurrency exchange Upbit is on the move. Upbit’s hacker began transferring the funds out of their wallet approximately four hours ago. The transactions were generally divided into lots ranging from 10 ETH to 100,000 ETH. At pixel time, the hacker‘s first Ethereum wallet is now entirely empty, and the 342,000 ETH is now split between four different addresses. One analyst tracking the hacker believes they’ve begun looking for a platform on which to launder the funds, sending small “testing” amounts to cryptocurrency exchange Huobi. The hacker also appears to be mocking any…

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