24/7 Cryptocurrency News

FTX Accounts Hacker Is SBF?

lookonchain revealed that prior to the FTX hacker dumping $ETH, 0xd275 transferred a large amount of $USDC to exchanges.
Published by
FTX Accounts Hacker Is SBF?

Onchain data researcher Noah unveils some very important information related to the FTX crash. After Oxscope mentioned a suspicious address that might have a link to an FTX hacker.

An on-chain data researcher in a recent tweet revealed the name of the address as 0xd275e5cb559d6dc236a5f8002a5f0b4c8e610701. As per the report, a former FTX employee who doesn’t want to reveal his identity confirms that oxd275 surely has some connection with the FTX hacker.

Advertisement

Onchain researcher establishes link between FTX hacker and 0xd275

Noah established the connection between and FTX in his tweet by mentioning that oxd275 performed large-scale ETH transfers on November 8 while the FTX exchange suspended user withdrawals at the same time. In a tweet, thread lookonchain revealed that prior to the FTX hacker dumping $ETH, 0xd275 transferred a large amount of $USDC to exchanges.

Moreover, lookonchain in another tweet mentioned the suspicious address 0xd275 that borrowed $USDC from #Aave and transferred it to the exchanges on November 21, and just after 20 minutes, FTX hackers dumped 15,000 $ETH for renBTC.

It shows 0xd275 has gone to the exchange to short $ETH. In addition to the series of tweets on November 12, two hours after the 0xd275 stopped trading, FTX Accounts Drainer began stealing assets from the FTX Exchange and selling them. The FTX Accounts Drainer stopped selling at 7:34:23. Half an hour later, 0xd275 began trading. 

FTX hacker and Oxd275 is same person

Notably, the series of tweets and revelations from lookonchain and Noah all point to the fact that the FTX hacker and 0xd275 are the same people. Surprisingly, crypto exchanges such as Bitfinex, Binance, KrakenFX, and Coinbase can provide answers to all of your questions. Since 0xd275 withdrew the funds deposited in these transactions,

Worthnotingly, in a recent turn of events, Binance pulled out of the FTX acquisition deal. The collapse of FTX and Alameda Research shook the industry. According to CoinMarketCap data, the price decline has devalued crypto assets by more than $100 billion.

 

 

 

Advertisement

Share
Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

XRP, Solana, HBAR ETFs by Fidelity and Canary Gain DTCC Listing

Fidelity’s Solana ETF, Canary’s HBAR ETF, and Canary’s XRP ETF were listed on the DTCC…

September 12, 2025
  • 24/7 Cryptocurrency News

Coinbase Urges Court to Sanction SEC Over Missing Gensler Texts

Coinbase, working through History Associates, has told a federal court that the SEC’s actions violated…

September 12, 2025
  • Bitcoin News

Breaking: $9T BlackRock Plans To Tokenize ETFs Following Bitcoin ETF Success

The world's largest asset manager, BlackRock, is reportedly planning to tokenize exchange-traded funds on the…

September 12, 2025
  • Bitcoin News

Bitcoin’s Bull Cycle May Peak This Month, Peter Brandt Says

Veteran trader Peter Brandt has given his opinion on when the Bitcoin bull cycle may…

September 11, 2025
  • 24/7 Cryptocurrency News

Ethereum Whales Buy $204M ETH Amid Rebound Above $4,400

Ethereum (ETH) whales raised their holdings by buying $204 million ETH while ETFs received $171…

September 11, 2025
  • 24/7 Cryptocurrency News

SOL Rises as Nasdaq-listed Forward Completes $1.65B Raise For Solana Treasury

Solana (SOL) price climbed above $227 after Nasdaq-listed Forward Industries secured $1.65 billion to build…

September 11, 2025