Over 38,000 Solana Purchased With Stolen Crypto

A hacker linked to the Coinbase breach has made another move, this time buying over 38,000 Solana tokens worth nearly $8 million.

Blockchain tracking firm Ember CN reported that the hacker converted 7.957 million DAI to USDC before bridging the funds to Solana and purchasing the tokens at an average price of $208.

Blueprint Of Bold Moves

This is not the first major transaction tied to the hacker. Back in May, they offloaded 26,347 Ethereum for 68 million DAI at $2,588 per token.

Two months later in July, they shifted gears and bought back 5,513 ETH for 14.865 million DAI, paying an average of $2,696 each.

These calculated trades suggest the individual or group behind the breach is taking a measured approach rather than making random…

Source link