FTX hacker begins that you just would possibly want to perchance well be also imagine Pump & Dump scam as troll messages & cryptic tokens despatched to Uniswap
FTX hacker begins that you just would possibly want to perchance well be also imagine Pump & Dump scam as troll messages & cryptic tokens despatched to Uniswap Liam ‘Akiba’ Wright · 3 weeks within the past · 3 min be taught
Deeper see at on-chain info reveals the hacker has been sending messages to exchanges, Vitalik and Uniswap using tokens created inner the past 24 hours.
3 min be taught
Up thus a long way: November 20, 2022 at 8:46 pm
Quilt artwork/illustration by CryptoSlate
Change Nov. 20: The talked about transactions under appear to had been self-discipline to transaction spoofing and, thus, the relationship between the hacker and the tokens is due to the this truth quiet unknown.
The FTX Hacker address — 0x59AB…fd32b — is sending cryptic tokens, including one labeled “WHAT HAPPENED” to addresses across the blockchain, including exchanges, Vitalik, and Uniswap.
A deeper prognosis of the on-chain transactions by CryptoSlate printed the messages had been occurring for added than one days using newly created tokens such as “WHAT HAPPENED,” “CRO NEXT,” and “FTX SUCKS.”
The image under showcases the token, “WHAT HAPPENED,” which used to be created at 9.40 AM GMT and minted straight to the FTX Hacker’s address with a present of 1 billion tokens. Within 2 minutes, 90% of the tokens were despatched to the Uniswap V2 contract, with many others dispensed among a quantity of addresses linked to the Hacker.
Merchants must quiet be conscious that such tokens will be trading on Uniswap with accounts linked to the FTX Hacker pockets, tagged as ‘FTX Accounts Drainer 1 – 6,’ potentially trading the tokens to inflate their ticket. The potential of a brand current scam focusing on meme coin investors is now possible.
The name of the token — ‘WHAT HAPPENED’ — pertains to a sequence of vague tweets despatched from archaic CEO Sam Bankman-Fried’s Twitter narrative one day of the final few days. A ten-fragment thread started with the be conscious ‘what’ and then continued to spell out the be conscious ‘came about’ sooner than ending with the next commentary:
10) [NOT LEGAL ADVICE. NOT FINANCIAL ADVICE. THIS IS ALL AS I REMEMBER IT, BUT MY MEMORY MIGHT BE FAULTY IN PARTS.]
— SBF (@SBF_FTX) November 15, 2022
Examples of a quantity of tokens and transactions will be seen under, including the WHAT, SOYCONMAN, FTX SUCKS, CRO NEXT, and FUCK FTX tokens.
CryptoSlate is utilizing Arkham Intelligence to trace transactions, and must quiet put up any additional tendencies as we get them.
As of press time, the narrative has also moved roughly $50 million out, with shut to $300 million left within the pockets.
Arkham Intelligence shared insights revealing that the Hacker had moved $Forty eight.2 million DAI to ETH on Cowswap.
Within the past 3 hours, the FTX attacker swapped their entire steadiness of DAI – $Forty eight.2 million – into ETH on Cowswap.
On two a quantity of accounts, the attacker managed to swap $4 million DAI to ETH, and swapped $5 million USDT to ETH, with out getting blacklisted by Tether. pic.twitter.com/aHwknkrL8F
— Arkham | Crypto Intelligence (@ArkhamIntel) November 15, 2022