
Ben Zhou|Mar 04, 2025 05:43
3.4.25 Executive Summary on Hacked Funds:
Total hacked funds of USD 1.4bn around 500k ETH, 77% are still traceable, 20% has gone dark, 3% have been frozen.
Breakdown:
- 83% (417,348 ETH, ~1B) have been converted into BTC with 6,954 wallets (Average 1.71 btc each) . This and the coming week is critical for fund freezing as the funds will start to clear at exchanges, otc and p2p.
Hacker mostly used @THORChain to clear ETH to BTC
- 361,255 ETH or 0.9B, which is 72% was through Thor, which we can trace.
- 79,655 ETH ~16% of the funds went dark through ExCH @exchcx still waiting for update.
- 40,233 ETH or 100M, which is 8% was through OKX web3 proxy. Out of them, 16,680 ETH we can trace 23,553 ETH or 65M (~5%) is untraceable which require info from OKX web3 @wallet
Bounty Update:
- 11 parties helped us to freeze, The top 3 players being Mantle, Paraswap, and ZachXBT.
- 2,178,797 USDT has been paid out to 11 bounty hunters.
More details can be found at http://Lazarusbounty.com
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