
Title: 2016 Hacker Blockchain Bandit Resurfaces, Shifting $172 Million in Ethereum to New Wallets
A notorious figure from the early days of blockchain has made a surprise comeback. The infamous “Blockchain Bandit” has resurfaced after eight years of dormancy, orchestrating a massive transfer of Ethereum worth approximately $172 million.
In 2016, the Blockchain Bandit made headlines by stealing around 13,000 Bitcoins (approximately $12 million at the time) and then using them to purchase and launder large amounts of Bitcoin Cash. The hacker’s exploits were widely publicized due to their brazen nature and the significant financial losses they caused.
Now, it appears that the Blockchain Bandit has shifted their focus to Ethereum, pulling off a massive heist that has garnered attention from within the crypto community.
While the exact details of this latest incident are still unfolding, it’s clear that the Blockchain Bandit has not lost their touch for orchestrating large-scale cryptocurrency theft.
Source: cryptoslate.com