Radiant Capital Hacker Transfers Nearly $52M in Stolen Crypto to Ethereum: Data
The person behind the recent Radiant Capital exploit has reportedly moved nearly all of the stolen crypto, valued at about $52 million, from Layer-2 networks to Ethereum.
Blockchain security firm PeckShield shared the information on October 24, further dampening any hopes of recovering the funds.
Attacker Almost Done Bridging Stolen Funds
According to PeckShield, the attacker’s on-chain footprint showed they had bridged about 20,500 ETH tokens from Arbitrum and Binance’s BNB Chain to Ethereum. The funds were part of the October 16 attack that compromised Radiant Capital’s smart contracts.
Another blockchain security company, Ancilia Inc., was the first to detect the suspicious activity, which initially resulted in…
