The Plot Thickens As DAO Attacker Trades Stolen Funds for Bitcoin
The DAO hacker is one step closer to turning a real-world profit.
The saga that started in June with a high-profile hack on ethereum’s most notable project, took another turn on Wednesday when nearly $100,000 worth of digital currency associated with the incident was converted into bitcoin.
Given the impact of the hack on the ethereum ecosystem (it sparked weeks of debate and led to a schism among the technology’s supporters), the whereabouts of the funds have long been a matter of public interest. Funds first began moving in August and were reported to be in transit again in September.
This post was published at Coin Desk on October 27, 2016.