The GMX hacker has exchanged all assets for ETH except for FRAX

ChainCatcher news, according to on-chain data analyst Yu Jin's monitoring, the GMX hacker has exchanged the assets stolen from the GMX V1 pool for ETH. The stolen assets include WBTC / WETH / UNI / FRAX / LINK / USDC / USDT, and currently, all assets except for FRAX have been sold for 11,700 ETH (approximately 32.33 million) and dispersed into 4 wallets for storage.

The GMX hacker now holds 11,700 ETH and 10.495 million FRAX through 5 wallets. The total value is 42.8 million USD. This operation likely also indicates that the hacker has rejected the GMX project's proposal to repay the assets in exchange for a 10% white hat bounty.