Paxos recovers $20 million in gold tokens stolen in the FTX hack
Paxos, a blockchain and trust company, has successfully reclaimed $20 million worth of gold tokens held in the wallets of an unknown attacker who hacked FTX in November. Paxos Gold (PAXG), tokens that are backed by real gold in Paxos' custody.
Paxos quickly froze 11,184 Paxos Gold (PAXG) worth $20 million from four hacker-controlled wallets. Now, about six weeks later, the team has fully reclaimed the assets. Still, the Paxos recovery represents only a small portion of the heist. At one point, the FTX drainer wallet held $302 million in ether alone belonging to the FTX reserves, almost all of which were sold off for bitcoin and could not be recovered.
Source
https://t.me/Cash_Blockchain_News
