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Lookonchain Links TLBL Hacker to 1,650 Ether Buy With 3.4 Million DAI

The purchase was made in the hour before an update dated Nov. 11. The earlier private-key leak affected two TLBL wallets and caused losses above $26 million.

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Two metal tokens sit apart on an aubergine stone slab / TokenPost.ai
Two metal tokens sit apart on an aubergine stone slab / TokenPost.ai

A buyer Lookonchain identified as the hacker behind the TLBL theft spent 3.4 million Dai (DAI) to acquire 1,650 Ether (ETH) in the hour before an update dated Nov. 11.

The purchase came about three months after TLBL’s private key was leaked. Two wallets were affected, with losses exceeding $26 million.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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