A hacker allegedly connected to North Korea has emerged as one of the largest Ethereum $2,769 holders globally, amassing a total of 489,000 ETH ($2,765.39) valued at approximately $1.34 billion. This amount represents 0.4% of the total Ethereum supply, placing the hacker as the 14th largest Ethereum holder in the world. However, the hacker’s operational flexibility is severely limited due to transfer restrictions and blacklisting of these wallets.
Hacker’s Ethereum Assets and Monitoring Process
The wallets used by the hacker are under close surveillance by global cryptocurrency exchanges. Transactions from blacklisted addresses have become extremely challenging, effectively blocking user interactions with these wallets. Major decentralized finance (DeFi) platforms are also identifying these wallets and restricting access.
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