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GMX hacker converts stolen assets into 11,700 ETH

吴说Jul 10, 2025

According to @EmberCN monitoring, the $GMX hacker has converted all stolen assets such as $WBTC, WETH, $UNI, $LINK, $USDC, and $USDT into ETH. Currently, they hold approximately 11,700 $ETH, worth approximately $32.33 million, stored in 4 wallets. In addition, approximately $10.495 million in FRAX has not yet been exchanged. Currently, the hacker controls a total of approximately $42.80 million in assets through 5 wallets. Their operation shows that the hacker has clearly rejected the "return of funds for a 10% white hat bounty" proposal put forward by the $GMX project team. [Wu Shuo]

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GMX hacker converts stolen assets into 11,700 ETH

吴说Jul 10, 2025

According to @EmberCN monitoring, the GMX hacker has converted all stolen assets such as WBTC, WETH, UNI, LINK, USDC, and USDT into ETH. Currently, they hold approximately 11,700 ETH, worth approximately $32.33 million, stored in 4 wallets. In addition, approximately $10.495 million in FRAX has not yet been exchanged. Currently, the hacker controls a total of approximately $42.80 million in assets through 5 wallets. Their operation shows that the hacker has clearly rejected the "return of funds for a 10% white hat bounty" proposal put forward by the GMX project team. [Wu Shuo]

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