Mercado Bitcoin Attacker Swaps Tokens for $10.55 Million in ETH, Arkham Says - The Defiant

The attacker successfully converted the stolen tokens into Ethereum, moving approximately $10.55 million worth of the second-largest cryptocurrency, as reported by blockchain intelligence firm Arkham.

Breach Details

Mercado Bitcoin, Brazil's largest cryptocurrency exchange, suffered a security breach that allowed the attacker to access and transfer various tokens before converting them to ETH.