Destination Of The Harmony Bridge Hack Funds
Key Points: According to ZachXBT, an on-chain detective, money from Harmony Bridge is once again moving around. According to the expert, DPRK has recently laundered ETH worth more than $18 million from the breach.
Zach then disclosed another address with 5,974 ETH. This brings the total amount of money laundering by DPRK in these last hours to approximately $27 million.
ZachXBT, an on-chain detective, claims that money from the Harmony Bridge is once again moving around. According to the expert, DPRK has allegedly laundered ETH stolen from the breach in excess of $18 million. Some of those funds might be frozen by centralized exchanges, however. According to Zach’s onchain statistics, two main addresses were actively laundering money and sending it to at most six bitcoin exchanges. Some of those funds may have been frozen by the on-chain sleuth, who contacted the trade platforms directly. This means that investors might be able to recover some of their money if they are frozen. Hackers and money launderers will not be able to use the funds effectively. Even though the money was spread across six exchanges it cannot be ignored and will most likely be blocked during the cash out. Zach then disclosed another address with 5,974 ETH. This brings the total amount of money stolen by DPRK in just a few hours to around $27 million. Harmony’s official team immediately notified national authorities and criminal forensic experts to stop the transfer funds to centralized exchanges where hackers could materialize them. We encourage you to do your research before investing.Join us to keep track of news: https://linktr.ee/coincuWebsite: coincu.comAnnieCoincu NewsTags: DPRKETHHarmony BridgeHarmony Bridge Hack FundsZachXBT