At 00:08 UTC, it used those powers to force two transfers out of the attacker's wallet on Arbitrum, moving 8,426 ETH and 74.6 million ARB, about USD 30 million, out of the attacker's reach.
TRM said the Arbitrum Security Council used its emergency powers at 00:08 UTC to force two transfers out of the attacker's wallet on Arbitrum, moving 8,426 ETH and 74.6 million ARB, about USD 30 million, out of the attacker's reach.
This line is our short summary of the quote below. The quote is the evidence.
On the timeline
Figures from this statement
- Frozen Arbitrum: 8,426 ETH as of
Other statements from the same source
TRM Labs said that on the nine chains other than Ethereum, Binance wallets sent funds to the attacker through ordinary signed transfers.
Binance wallets on the other nine chains sent funds to the attacker through ordinary signed transfers.
TRM Labs said early indicators suggested the attacker had phished the Ethereum authorizations, but that this leaves the other chains unexplained.
Early indicators on the Ethereum activity suggested the attacker had phished the authorizations. That explanation covers Ethereum and leaves the other chains unexplained.
TRM Labs attributed the attack to TraderTraitor, which it called North Korea's elite hacking unit, with high confidence.
North Korea’s elite hacking unit, based on robust on and off-chain intelligence. We make this judgment with high confidence.
TRM Labs said preparation began at least 36 hours before the theft, with the operator wallet receiving three small Tornado Cash withdrawals from the morning of 28 October.
Preparation began at least 36 hours before the theft. The attacker's operator wallet received three small withdrawals from Tornado Cash, a service that obscures where crypto comes from, starting the morning of October 28.
Binance co-CEO Yi He said Ripple helped stop about USD 200 million from moving; TRM reports a 40.5M RLUSD freeze; the sources do not say whether the figures measure the same thing.
Binance co-CEO Yi He said Ripple helped stop about USD 200 million from moving; TRM has confirmed the 40.5 million RLUSD freeze onchain.