Summary
- The hacker reportedly moved 51,000 ETH stolen between 2016 and 2018 to a multisignature address.
- The funds are estimated to be worth about $172 million, and the hacker is said to have stolen them by discovering private keys.
- The hacker has emerged from nearly two years of dormancy to transfer the funds.
A hacker who stole 51,000 Ethereum (ETH) between 2016 and 2018 has moved the funds.
According to a post by JackXBT cited by Cointelegraph on the 31st (local time), the hacker known as 'Blockchain Bandit' transferred 51,000 ETH (approximately $172 million) from 10 wallet addresses to a multisignature address (0xC45...1D542).
The hacker succeeded in discovering private keys to steal Ethereum and has awakened from nearly two years of dormancy to transfer the funds.
