Theft Tracing: USDC Bridged from Polygon to Ethereum and Swapped for ETH | Flash News Detail | Blockchain.News

Theft Tracing: USDC Bridged from Polygon to Ethereum and Swapped for ETH

12/10/2024 1:58:47 PM

Theft Tracing: USDC Bridged from Polygon to Ethereum and Swapped for ETH

According to ZachXBT, an initial tracing of a cryptocurrency theft revealed that USDC was bridged from the Polygon network to Ethereum. The stolen funds were then swapped for ETH and distributed across three distinct Ethereum addresses: 0xd467e8134314d66d685bd3e6da8901b8683028ae, 0x42ab2e5b91fcdba8aa00b710ad01a249d5082445, and 0xa3e083422ee587ff20c91d814baade85856861b6. This movement suggests a strategic attempt to obscure the trail of the stolen assets, a common tactic in crypto thefts. (Source)

Ethereum USDC Polygon ETH ZachXBT

More from ZachXBT (@zachxbt): ZachXBT is an Pseudonymous independent on-chain sleuth who is popular on revealing bad actors and scams in the crypto space