FTX Hacker Moves Millions in Stolen Funds Amid SBF Trial Coverage

The FTX hacker has started moving more stolen funds in recent weeks, potentially using the SBF trial coverage as a smokescreen.

Over $400 million was initially stolen from FTX and FTX.US in November 2022.

The hacker has moved about $24 million worth of Ether in the past 3 days.

The hacker may feel increased urgency to conceal funds due to SBF trial attention.

The hacker is using sophisticated laundering techniques to obscure transfers of illicit assets.