Hackers of the Parity wallet start trafficking $150,000 in Ethereum.
The first batch of 3,050 Ethereum (ETH) has been laundered by the hacker who took 150,000 ETH from the Parity Multisig Wallet back in 2017.
Hackers of the Parity wallet
After seven years of inactivity, a hacker who took 150,000 Ethereum (ETH) from the Parity Multisig Wallet version 1.5 in July 2017 moved $9 million worth of ETH to eXch. Cyvers Alerts, a smart contract monitoring service, claims that the hacker used “multiple consolidated addresses” to start the 3,050 ETH money laundering process.
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Parity Multisig Wallet
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The researchers also noted that the hacker still has possession of over 83,000 ETH that were taken from the 2017 attack and are currently valued at $246 million. The 2017 breach exposed weaknesses in the Ethereum ecosystem and took 153,037 ETH from three multisignature contracts connected to Parity Multisignature Wallet.
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