FTX hacker wallet moves $4 million after nearly a year of inactivity

In late September 2023, the wallet linked to the FTX account drainer began moving funds again after almost a year of inactivity, with about $4 million in ether sent in a fresh transaction. The movement drew attention because the stolen assets from the November 2022 FTX breach had largely been dormant, and on-chain activity suggested the hacker was consolidating or shifting part of the remaining trove. The original FTX theft was one of the largest crypto hacks of 2022, with roughly $400 million to $415 million in assets taken after the exchange’s collapse. Later reporting and investigations tied the breach to a broader criminal case, and the reactivation of the hacker wallet mattered because it showed that some of the stolen funds were still accessible and still being moved even as legal and forensic efforts continued around the case.

✨ AI-generated background, compiled from web sources — not editorial content.

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