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North Korean Hackers Move $3.2M From Gate.io 2018 Hack

North Korean hackers stole $234.33 million from Gate.io in 2018. Earlier this week, the hackers moved 1944.72 Ethereum (ETH) of the stolen funds, worth around $3.2 million at current prices, on-chain sleuth ZachXBT pointed out. The funds had been lying dormant for over 4.5 years, he noted.

The hackers transferred Ethereum worth $3.1 million to a single address 0x27Cf…0FbdCe. The attackers conducted eight other transactions of 1.74 ETH each.

According to ZachXBT, the hackers moved a small amount of the stolen funds to MEXC exchange.

(By Monika Ghosh)

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