Nearly all of the stolen loot from Radiant Capital has now been moved to the Ethereum network, which usually isn't a good sign for those hoping for recovery.
The hacker behind the recent theft from decentralized finance protocol Radiant Capital has moved nearly all of the stolen funds from layer-2 protocols to Ethereum in a possible attempt to obfuscate it later.
On Oct. 24, blockchain security firm PeckShield reported that addresses linked to the Radiant Capital exploiter have bridged “nearly all” of the ill-gotten crypto from the exploit from layer-2 network Arbitrum and the Binance BNB Chain to the Ethereum network.
The total amount moved was around 20,500 Ether (ETH), which is worth approximately $52 million, it was noted.
