Arkham: Mercado Bitcoin Hacker Has Converted Stolen Tokens Into $10.55 Million in ETH

On Nov. 4, TechFlow reported that, according to Arkham monitoring, intermediary wallets related to the Mercado Bitcoin hacker have converted the stolen tokens into ETH worth $10.55 million.

Arkham said a transaction that swapped about $650,000 in assets into BTC cross-chain via Bridgers appears to have been intercepted. An accompanying image shows an entity labeled as the hacker involved holds about $31.23 million in assets.

Source: TechFlow