Radiant Capital Hacker Makes $102M From Stolen Funds, Doubling Initial Theft

A hacker who stole $53 million from Radiant Capital last year has doubled their ill-gotten gains by turning the stolen crypto into a significant fortune. According to blockchain analytics platform Lookonchain, the hacker used strategic Ethereum trades to transform their initial funds into a whopping $102.54 million fortune. They initially swapped stolen assets for 21,957 ETH shortly after exploiting Radiant’s Arbitrum and BNB Chain platforms in October 2024. 93.5% of the initial $53M was profited through this move.