RT @CryptoRothbard: Crypto news needs to stop perpetuating the idea that any of these protocols are “decentralized.” They’re not. They’re centralized businesses that time and time again are shown to have exploitable code. How many more examples are needed?
#DeFiIsCeFi #DeFi #Ethereum #Bitcoin https://t.co/xwgAP9XsnX
the hacker created a new wallet right before the hack in which he used to drain the funds into.
however, he most likely ran a smaller test run on an account he used on regular exchanges.
check the records that show a small amount of imBTC being run through because imBTC is what he used as fake collateral to siphon the real funds.