My dear readers, gather ’round, for a tale most audacious and utterly preposterous! Instead of merely squandering the spoils of his nefarious deeds, the scoundrel behind the Radiant Capital fiasco has, dare I say, invested! 🕶️✨ Yes, the wretched fellow has turned a tidy profit on the pilfered Ethereum, leaving us all to ponder: is he a criminal or a financial genius? 🤔
The Scoundrel’s Stash: 12,326 ETH Still in Tow
In the autumn of 2024, this rogue absconded with a cool $53 million from the cross-chain DeFi protocol Radiant Capital. At the time, this sum was swapped for 21,957 ETH, a move as bold as it was brazen. Fast forward to today, and the value has doubled, leaving our miscreant richer than a society hostess with a trust fund. 🤑
While ETH was a mere $2,500 then, it now sashays at $4,715.78, a 22.91% leap in just one week. The result? Our thief has ended up more flush than a debutante at her coming-out ball. 🎩
Thus, the stolen Ethereum now dazzles at approximately $103.5 million, nearly double its value ten months ago. Darling, it’s enough to make one reconsider a life of crime! 🔥
According to the ever-watchful Lookonchain, our villain has pocketed a profit of $49.5 million, a staggering 93.5% increase. Bravo, you scoundrel, bravo! 👏
The Radiant Capital hacker turned the stolen $53M into $102.54M by trading $ETH, a profit of $49.5M(+93.5%).
10 months ago, the hacker stole $53M from Radiant Capital and swapped it all for 21,957 $ETH.
Recently, he began selling $ETH for profit, selling 9,631 $ETH($43.94M) at…
– Lookonchain (@lookonchain) August 14, 2025
Our rogue has since begun liquidating his treasure, offloading 9,631 ETH for a tidy $43.94 million. Lookonchain reports each coin was sold at an average price of $4,562. The scoundrel still clutches 12,326 ETH, valued at $58.1 million. Truly, a heist for the history books! 🕵️♂️
The Backstory: A Money Heist Most Daring
In October 2024, Radiant Capital suffered a most unwelcome attack, losing over $50 million in crypto assets. The villain exploited the ‘transferFrom’ function, draining funds from both BNB Chain and Arbitrum with the finesse of a seasoned jewel thief. 💎
The severity of the attack forced Radiant Capital to temporarily shutter its lending market on the Base Network. How utterly inconvenient! 😱
Naturally, Radiant Capital summoned the FBI and a coterie of security firms to recover its assets. SEAL911, Hypernative, ZeroShadow, and Chainalysis were swiftly enlisted to investigate and implement recovery measures. A regular who’s who of the security world! 🕵️♀️
Ethereum’s Triumphant Return
Meanwhile, Ethereum has staged a comeback most spectacular. Its price rally nears $5,000, and its market capitalization has surpassed the $500 billion mark. Only Bitcoin, with its $2.36 trillion cap, dares to rival it. 🌟
According to CoinMarketCap, ETH’s market cap now stands at $548.87 billion, retracing slightly from its historic $570 billion peak. It has even overtaken corporate giants like Netflix and Mastercard in valuation. How’s that for a plot twist? 🎬
Until next time, my darlings, remember: in the world of crypto, the only thing more volatile than the market is the audacity of its players. Cheers! 🥂
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2025-08-14 23:49