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The $23 million assets stolen by hackers from Bitrue have all been converted into ETH

星球日报
星球日报|6月 12, 2025 12:27
Odaily Planet Daily News: According to on chain analyst Yu Jin's monitoring, after 2 years, all the $23 million assets stolen by hackers from Bitrue were exchanged for ETH and washed away through Tornado. The value not only increased by $9.36 million compared to the initial theft, but the hacker also made a profit of 4.72 million by selling high and buying low on ETH. Hackers stole multiple tokens worth $23 million from the Bitrue exchange in April 2023, and then exchanged these assets for ETH; In March 2024, he sold 4207 ETH for $3885 to exchange for 16.345 million DAI; In April 2025, 1050 ETH will be washed away through Tornado; Today (2025/6/12), he transferred 5111.5 ETH and 16.345 million DAI to a new address, and then bought 16.345 million DAI for $2762 to exchange for 5917.8 ETH. Then wash all 11029.3 ETH ($30.46M) through Tornado. That is to say, the $23 million assets stolen by hackers from Bitrue were eventually exchanged for 12079 ETH and transferred through Tornado, with a value of $32.36 million, an increase of $9.36 million from the initial value.
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Timeline

7月 12, 11:52【Alon took $600 million and the agreement revenue was nearly $600 million】
7月 12, 11:09【Cango's Bitcoin holdings increase to 4091 coins】
7月 12, 07:01【Aethir Node License Transfer System goes live】
7月 12, 04:29【Bitcoin and encryption trigger wealth transfer】
7月 12, 02:27【FTX/Alameda transfers 189800 SOLs to Bitgo Custody】
7月 12, 01:04【Argo receives 7000 ETH of operating capital from Ethereum Foundation】
7月 12, 01:00【Argo sells 1206.6 ETH for $3.61 million】
7月 12, 00:56【Argo organization sells ETH for USDC】
7月 12, 00:42【GMX project team handles hacker assets】
7月 12, 00:34【GMX project party handles assets for user return】

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