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Radiant Capital Hacker Increases $53M Loot to $95M via Ethereum Trades

Radiant Capital Hacker Increases $53M Loot to $95M via Ethereum Trades

The hacker linked to Radiant Capital's exploit now holds 5,475 ETH valued at $4.33 million, marking an escalation in their illicit activities.

ETH
DAI

Fact Check
Multiple sources corroborate the core claims. Evidence from sources like Ainvest, Coincentral, and Crypto.news explicitly states the hacker turned an initial theft of approximately $53 million into about $94-$95 million. The mechanism for this increase is consistently identified as the conversion of stolen assets into Ethereum (ETH) and profiting from a subsequent price rally and active trading strategies. While there are slight variations in the exact figures across reports (e.g., one source mentions $58M stolen and a final value of $103M), the central narrative is strongly and widely supported.
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Summary

A hacker associated with Radiant Capital has bought 5,475 ETH for $4.33 million, paying 23.7 million DAI in a recent transaction. This follows a previous sale of ETH at $4,726 per unit, adding to the hacker's growing Ethereum holdings and continuing their illicit trading strategy.

Terms & Concepts
  • ETH: Ether (ETH) is the native cryptocurrency of the Ethereum blockchain, used for transaction fees, staking, and decentralized applications.
  • DAI: A stablecoin pegged to the U.S. dollar, often used in decentralized finance (DeFi) applications for its price stability.