FTX Hacker Might Have Used ChipMixer To Assault FTX

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ZachXBT on Twitter claims that the FTX hacker has started using ChipMixer to swindle 360 BTC so far. There are ties between ChipMixer and the US government.

FTX underwent several untrusting withdrawals on November 12 that resulted in a withdrawal total of more than $450 million. Various bridges, including Celer or Stargate, were used to unify assets on the mainnet on November 20. On the 21st of November, the attacker moved additional possessions in 12 deals worth 15,000 ETH. 

The investigation into market crisis

One of the Terra ecosystem collapse investigators, FatMan, provided information about the ChipMixer project and its alleged ties to the US government on Twitter. He claimed that it was developed to undermine BTC security and deanonymize deals.

Additionally, he pointed out that the governments were using the Internet to access data on the digital currency industry. He learned that the company funding the project doesn’t assist the profitableness after researching the project’s past.

He pointed out that the project can spend millions of dollars on it and has the resources to make it a well-liked service.

The project apparently attracted real-name anonymity, which prompted the authorities to begin an investigation. FatMan pointed out that they were unable to reach the platform users’ private information. 

ChipMixer differs from other platforms in permitting the manager to view each deal. In spite of privacy-oriented tech, FatMan continued, this scheme gives the users total accession to the information gathered by the platform. 

Hackers frequently use ChipMixer

The recent attacks on Binance and the Ronin Bridge were carried out by highly skilled hackers who made use of the ChipMixer tool. Governments detained some of these people, claims FatMan.

In the meantime, a number of significant platforms that were similar to this one has shut down for a variety of factors, including profitability or legal issues. Contrarily, Tornado Cash has received approval.

ChipMixer continues to function without a hitch. FatMan was wary of using ChipMixer due to its connections to the US government.

Other investors made contributions to the fund in addition to Hong Kong-based Animoca Brands, which specializes in the electronic asset sector.


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