A hacker has moved $155 million worth of Ether (ETH) from the $321 million Wormhole bridge hack, which took place on February 2, 2022.
The funds were transferred to a decentralized exchange (DEX) on January 23. The Wormhole hack was the third largest crypto hack of the year and resulted in the loss of 120,000 Wrapped ETH (wETH) worth around $321 million.
The hacker converted the stolen ETH into other ETH-pegged assets such as Lido Finance’s staked ETH (stETH) and wrapped staked (wstETH).
The Wormhole team has offered a $10 million bounty for the return of the stolen funds. The hacker’s transaction also had an impact on the price of stETH.
Blockchain security firms have warned that searching the keywords “Wormhole Bridge” in Google is currently showing promoted ad websites that are actually phishing operations.
