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193 sats \ 0 replies \ @scampy 21 Nov 2022 \ parent \ on: Ethereum Plunges 7% As FTX Accounts Drainer Dumps ETH for Bitcoin - Decrypt bitcoin
Yep. The hacker alledgedly made off with something to the tune of $500m, while Monero's marketcap is only about x5 this lol
If I were the hacker, I'd just leave the stolen funds sitting in Bitcoin for now. It will be safer to move the funds in future when the network has grown more: P2P circular economies, larger CJ pools, better Lightning liquidity and privacy, etc.