Radiant Capital hacker moves $52M worth of crypto funds into Ethereum
Blockchain forensic firm PeckShield discovered wallets belonging to Radiant Capital’s exploiter transferred $52 million funds into the Ethereum network.
In an Oct. 24 X post, PeckShield reported that addresses linked to the Radiant Capital hacker moved “nearly all stolen funds” from layer 2 network Arbitrum and the Binance BNB Chain into the Ethereum(ETH) network.
According to PeckShield’s data, the hacker yielded a total of 20,500 Ether or worth around $52 million.
On Oct. 16, DeFi lender Radiant Capital suffered losses up to more than $50 million due to a malware attack that enabled the hackers to exploit the funds from Radiant Capital’s Arbitrum chain.
Based on information from the post-mortem report, the attackers…
