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FTX Alleged Hacker is Moving Funds to Dodge Authorities: Analysts

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The alleged hacker behind the theft of hundreds of millions of dollars from the bankrupt cryptocurrency exchange FTX is moving the funds around to separate wallets to try and evade tracking, according to data from Etherscan. Chainalysis warned Sunday that the hacker may also intend to send his funds to a crypto mixer. Crypto mixers are used by privacy advocates but are also the favored tool of cybercriminals to obscure the origins of illicit cryptocurrency. (forkast)

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