Analysis agency: Russian hackers may be involved in the money laundering activities of the stolen assets from FTX

ChainCatcher news reports that the analysis company Elliptic has found signs of Russian hackers' involvement in the money laundering activities of assets stolen from FTX last year.

FTX was hacked days after its collapse, resulting in a loss of $475 million. Shortly after the data breach, $74 million flowed through RenBridge, a platform associated with FTX's sister company Alameda Research. In November, of the 4,536 bitcoins (worth $74 million) converted from Ethereum through RenBridge, 2,849 bitcoins were processed through mixers (primarily the ChipMixer service).

Elliptic stated that these funds were subsequently mixed with assets related to Russian criminal networks, including ransomware criminals and dark web markets.