PANews, July 10 news, according to on-chain analyst Yu Jin's monitoring, the GMX hacker has converted the assets stolen from the GMX V1 pool into ETH.
The assets stolen by the hacker include WBTC/WETH/UNI/FRAX/LINK/USDC/USDT. Currently, all assets except FRAX have been sold for a total of 11,700 ETH (32.33 million USD) and distributed to four wallets for storage.
The GMX hacker currently holds 11,700 ETH and 10.495 million FRAX through five wallets. The total value is 42.8 million USD. This operation likely indicates that the hacker has rejected the GMX project's proposal to repay the assets in exchange for a 10% white hat bounty.
