A crypto analyst who goes by ZachXBT on Twitter alleged that the FTX hackers have transferred a portion of the stolen funds to the OKX exchange, after using the Bitcoin mixer ChipMixer. The analyst reported that at least 225 BTC — worth $4.1 million USD — has been sent to OKX so far. 

According to ZachXBT, the FTX hacker first began depositing BTC into ChipMixer on Nov. 20, after using Ren Bridge, a protocol that acts as a bridge for cryptocurrencies. In his analysis, ZachXBT shared that he had observed a pattern with addresses receiving funds from ChipMixer. According to him, each of the addresses follows a similar pattern; “withdrawal from CM”, “50% peels off” and then “50% deposited to OKX”.

Following the discovery of the deposits made to the OKX exchange, the Director of OKX shared on Twitter that; “OKX is aware of the situation, and the team is investigating the wallet flow.”