$ETH The Radiant Capital (@RDNTCapital) exploiter sold 3,091 ETH for 13.26 million $DAI at $4,291 per $ETH and transferred the $DAI to another wallet
This follows the October 17, 2024, hack that drained $53 million from the DeFi protocol’s lending pools on BNB Chain and Arbitrum, exploiting a 3-of-11 multisig vulnerability via malware. The hacker’s move to convert $ETH to $DAI suggests an attempt to stabilize funds or obscure their trail, with nearly all stolen assets now bridged to Ethereum.
What’s your take—is the exploiter cashing out strategically, or prepping for further obfuscation to evade recovery efforts?