FTX exploiter moves $36.8M in Ether as Sam Bankman-Fried’s trial starts

On the second day of the trial, the Department of Justice and SBFs defense team provided their statements in front of the jury. While the DOJ continues to focus its arguments on SBFs alleged role in misleading financiers on the platform, the defense argued about Bankman-Fried being a young entrepreneur who made organization choices that “didnt work out.” Read more to remain updated on the most current developments around the SBF– FTX court trials.Magazine: The Truth Behind Cubas Bitcoin Revolution: An on-the-ground report

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At the time, FTX basic counsel Ryne Miller notified traders about the hack triggered by malware:” FTX has been hacked.” After nearly 10 months of silence, the FTX exploiter started siphoning out the stolen funds, starting with a transfer of 10,250 ETH worth $17.1 million via 4 addresses in between Sept. 30 and Oct. 1, validates data from Spot On Chain.The exploiter initially held 175,496 ETH ($ 294 million). Source: Spot On ChainSince Sept. 30, an overall of 67,500 ETH has actually been transferred out of five out of the 15 wallet addresses connected to the FTX exploiter.

At the time, FTX general counsel Ryne Miller notified traders about the hack triggered by malware:” FTX has been hacked.” After almost 10 months of silence, the FTX exploiter started siphoning out the taken funds, starting with a transfer of 10,250 ETH worth $17.1 million by means of four addresses in between Sept. 30 and Oct. 1, validates data from Spot On Chain.The exploiter at first held 175,496 ETH ($ 294 million). Source: Spot On ChainSince Sept. 30, a total of 67,500 ETH has actually been transferred out of five out of the 15 wallet addresses linked to the FTX exploiter.