Odaily Planet Daily reports that, according to Galaxy’s research lead, the COLDCARD Wave 3 attacker has for the first time transferred the stolen funds, exchanging them for ETH via the THORChain cross-chain DEX. This marks the first on-chain transfer of funds from the original hacker address in Wave 1, 2, or 3.
COLDCARD Wave 3 hacker moves stolen funds via THORChain to ETH
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Summary
ETH news: The COLDCARD Wave 3 hacker has moved stolen funds for the first time, converting them to ETH via THORChain. This is the first on-chain transfer from the original hacker address associated with Waves 1, 2, or 3. The transaction indicates the attacker is now actively liquidating assets. ETH update: The move underscores continued activity in cross-chain protocols.
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