Liquid Hack: What We Know a Few Days After the Hack

2021-08-24 Scorechain

https://www.scorechain.com/blog/liquid-hack-what-we-know-a-few-days-after-the-hack

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Scorechain summarized the August 2021 Liquid exchange hack, where Liquid said its hot wallets were compromised and more than $90 million in BTC, TRX, XRP, ETH, and ERC-20 tokens was stolen. The exchange halted deposits and withdrawals, moved remaining funds to cold storage, and coordinated with other platforms, including KuCoin, to blacklist or freeze hacker addresses. The source notes that some stolen XRP was deposited to centralized exchanges such as Huobi and Poloniex and converted to BTC, while more than 9,000 ETH from 0x5578840aae68682a9779623fa9e8714802b59946 went to Tornado Cash. It also describes DEX use through Uniswap from another Liquid-reported Ethereum address, showing how stolen assets were moved through both centralized exchanges and decentralized swapping venues.

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