Report Links Stolen FTX Funds to Russian Money Launderers, Though Thieves' Identity Remains Unclear

New report from Elliptic suggests stolen FTX funds have links to Russian money launderers, though thieves' identity remains unclear.

Thieves quickly moved funds after heist, converting stablecoins to Ethereum to make laundering easier.

$8 million linked to pool including proceeds of Russian ransomware, indicating launderer ties.

After months of inactivity, more funds moved right before and during SBF's trial, but purpose unclear.

Cryptocurrency tracers continue following complex money trail, hopeful it may yet identify perpetrators.