Nearly $300 million in ether was allegedly stolen.
Tuesday morning, disclosing that hackers had transferred hundreds of millions of dollars to separate cryptocurrency wallets.
Cryptocurrency wallet addresses disclosed by Poly, a cross-chain interoperability network, show transfers early Tuesday of 2,858 ether tokens worth about $267 million, 6,610 binance coins worth more than $252 million and roughly $85 million in USDC tokens on the Polygon network. The combined value of the stolen tokens, as of Tuesday morning, totaled roughly $604 million, making it even bigger than the $460 millionon cryptocurrency exchange Mt. Gox that led to the company’s bankruptcy and heightened regulation in the nascent space about seven years ago.
Soon after the hack, Tether, the company behind the world’s third-largest cryptocurrency by market capitalization, froze roughly $33 million in USDT tokens associated with the alleged hacker’s wallet address,a statement hours after the attack, saying it had identified the attacker’s email, IP address and device fingerprints, and was working on tracking additional identity clues.
Poly, which was founded by the $3.3 billion Chinese cryptocurrency project NEO, did not immediately respond to“We call on miners of affected blockchain and crypto exchanges to blacklist tokens coming from the above addresses,” Poly NetworkCrypto-exchange operators spoke out soon after the massive hack.
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