The crypto surveillance platform Lookonchain has revealed alarming developments regarding the infamous Bitrue Drainer-labeled address. According to the disclosure, the same hacker responsible for a staggering $23.5 million heist on Bitrue Exchange last year has resurfaced with a hefty crypto sale.
In particular, Lookonchain noted that the Bitrue Drainer unloaded 4,207 ETH for $16.34 million denominated in the DAI stablecoin. The hacker executed the transaction within the last 24 hours, dumping the ETH at $3,885 a pop.
Notably, this transaction followed the Bitrue securit…
The post Notorious Bitrue Drainer Strikes Again, Liquidating $16.34 Million of ETH appeared first on Coin Edition.
The crypto surveillance platform Lookonchain has revealed alarming developments regarding the infamous Bitrue Drainer-labeled address. According to the disclosure, the same hacker responsible for a staggering $23.5 million heist on Bitrue Exchange last year has resurfaced with a hefty crypto sale.
In particular, Lookonchain noted that the Bitrue Drainer unloaded 4,207 ETH for $16.34 million denominated in the DAI stablecoin. The hacker executed the transaction within the last 24 hours, dumping the ETH at $3,885 a pop.
Notably, this transaction followed the Bitrue securit…
The post Notorious Bitrue Drainer Strikes Again, Liquidating $16.34 Million of ETH appeared first on Coin Edition.