A hacker stole $27 million worth of tether (USDT) from a wallet linked to the Binance deployer over the weekend, according to blockchain analyst ZachXBT.
The $27 million loot was converted to ether (ETH) before being sent to exchanges FixedFloat and ChangeNow. All funds were then bridged to bitcoin (BTC) via the THORChain bridge.
According to on-chain data, the victim’s wallet had received ether via two separate wallets from the Binance deployer in 2019.
Trending: Former Virginia Election Official Indicted For Allegedly Changing Results Of 2020 Presidential Election, Court Papers Say
“The user made a withdrawal from Binance, which was valid and authorized on our platform. Unfortunately, the DeFi wallet that received the withdrawal was compromised. While this is outside of