๐ฐ Infini Hacker Dumps ETH Bag
After months of silence, the Infini hacker resurfaced on July 17, 2025, moving 4,770 ETH worth $16M across two addresses ๐ค. This comes after the $49.5M Infini exploit earlier this year, with the hacker now profiting from Ethereum's rise ๐.
๐ Tornado Cash & Stablecoin Conversion
The hacker used Tornado Cash to launder 3,000 ETH, and swapped 1,770 ETH for $5.9M in DAI ๐ช. These moves suggest the hacker is cashing out, having turned stolen stablecoins into 17,696 ETH at $2,798/ETH earlier this year ๐ต๏ธโโ๏ธ.
๐ฅ Impact on Infini Recovery
With ETH now above $3,400, the hacker's stash is worth $59M, showing a $10M gain since the exploit ๐. Infiniโs efforts to negotiate with the hacker, offering a bounty and immunity, were unsuccessful. The stolen funds might be gone for good ๐๏ธ.
#BinanceHODLerERA $ETH $BTC