Dormant Wallet Tied to HashFlare Fraud Moves 10,600 ETH Worth $18.5M
An Ethereum address tied to the HashFlare cloud-mining Ponzi moved 10,600 ETH worth about $18.5 million on Monday morning after sitting idle for roughly three and a half years. Onchain investigator ZachXBT, with help from security firm Cyvers, flagged the movement, the first activity from the address since the long-running scheme collapsed.
By: The Defiant Team •
Hacks
An Ethereum address tied to the HashFlare cloud-mining Ponzi moved 10,600 ETH worth about $18.5 million on Monday morning after sitting idle for roughly three and a half years. Onchain investigator ZachXBT, with help from security firm Cyvers, flagged the movement, the first activity from the address since the long-running scheme collapsed.
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