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Jump Crypto may sell over $40 million worth of ETH, sourced from assets recovered in Wormhole incident
Summary: According to reports, Jump Crypto exchanged 11,802 stETH (approximately $40.5 million) for ETH within an hour and transferred it to address 0xf58, with some funds flowing to exchanges. The ETH comes from assets stolen in the Wormhole incident during the joint Oasis 'black return' with Jump in February 2023. Initially, 120,000 ETH was recovered, with ...
According to reports, Jump Crypto exchanged 11,802 stETH (approximately $40.5 million) for ETH within an hour and transferred it to address 0xf58, with some funds flowing to exchanges. The ETH comes from assets stolen in the Wormhole incident during the joint Oasis 'black return' with Jump in February 2023. Initially, 120,000 ETH was recovered, with approximately 28,000 ETH still held.
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Link: Jump Crypto may sell over $40 million worth of ETH, sourced from assets recovered in Wormhole incident [Copy]
