Arkham said the hacker behind the attack on Brazilian trading platform Mercado Bitcoin is moving to sell stolen funds. According to the monitoring update, the attacker has already transferred roughly $11.45 million worth of altcoins to several different addresses. The transfers were described as preparation for a sale of the stolen assets. The update identifies Mercado Bitcoin as the targeted platform and frames the wallet activity as part of the disposal of funds taken in the attack. No additional details on the specific tokens, destination wallets, or execution timeline were disclosed in the brief.
Arkham said the hacker who attacked Brazilian trading platform Mercado Bitcoin is selling stolen funds.
According to the monitoring update, the attacker has moved about $11.45 million worth of altcoins to multiple addresses in preparation for a sale.
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