According to security firm CertiK, crypto losses in Q3 2024 are up 9.5%, with more than $750 million in total funds stolen by threat actors.
The malicious actor who drained a US government wallet of approximately $20 million on Oct. 24 — containing seized funds from the 2016 Bitfinex hack — returned $19.3 million to the government wallet less than 24 hours later.
According to Arkham Intelligence, several wallets controlled by the hacker returned the funds to the US government wallet beginning with the characters “0xc9E.” At the time of this writing, roughly 88% of the funds have been returned.
Onchain data shows the hacker returned approximately 2,412 Ether (ETH), 7,200 Circle-USD (USDC), and $13.2 million in Aave-staked USDC (aUSDC). Blockchain sleuth ZackXBT noted that the returned funds do not include the approximately $700,000 the hacker sent to instant exchanges.
