TechFlow reports, according to SlowMist analysis, the IP address linked to the hacker who stole 1,155 WBTC has been traced to Hong Kong (though use of a VPN cannot be ruled out).
Earlier reports indicated that an address fell victim to a phishing attack, losing 1,155 WBTC—worth nearly $70 million. The attacker used a fraudulent address with similar starting and ending digits to successfully deceive the user. Subsequently, the attacker sold all 1,155 WBTC for 22,960 ETH and laundered the funds by distributing them across numerous wallet addresses.
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